Re: Rent 2 apartments to 1 tenant? - Landlord Forum thread 358691

Re: Rent 2 apartments to 1 tenant? by Garry on October 19, 2018 @20:42

DON'T DO IT ! To many possible problems for the little bit of money you are chasing. This is what hotels/motels are for. Coming from over seas, they have no furniture and would have to rent some. When they leave, YOU could be stuck with the furniture, and possibly the bill, too. What if they decide to stay longer than 1 month? And maybe not paying you any rent, past whatever you get up front. What if you are forced to try to evict them, and how much money and time will THAT take. Right now, you have NO app from them, and you know NOTHING about them, so it could be difficult to evict them. What if they actually DO leave in 30 days, leaving you thousands of $ in damages? You can't chase them overseas for the money owed you. Once rented, are they going to let you come in to do your light renovations ? Are they going to want a reduced amount of rent because the unit needed some "work", or because the ARE allowing you to bother them on a regular basis? There are just to many "IFs" in this situation, that you may not be able to take on. DON'T DO IT !

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Re: Rent 2 apartments to 1 tenant? by Jannie1 on October 23, 2018 @18:04	[ Reply ]

Garry brings up some good points that, at first glance at the OP hadn't thought about. I assume this second apt is unfurnished. And, although you're only doing light renovations, I believe there could be a hassle of working around this person. Even if you had a MTM end date there are a lot of potential problems. There are usually extended stay motels that will rent by the week or month. I would say no and provide a list of extended stay places (especially if the tenant was a long term tenant that I was happy with)