If two people want to rent a room in a house do you charge more for rent?
yes! You charge 20% more. so if you're asking $300 for rent for one room you'd ask $360 for that same room with an additional person. Its the space effect of distribution. The extra person is using up an extra amount of space because in order to get into that room they'd need an easement from the door to the hallway and then into that room. So that'll have an opportunity cost. If the other person is willing to have someone else in their room, they already understand the opportunity cost and were more than willing to accept a second into their space. However, since you are the one renting out the room the cost of renting it will go up based on how many people are using it. It they rented the whole place it would be a fixed price. However, since they're going to create extra 'noise' disturbances it is customary that they pay a little extra for the shared space in someone elses dwelling.
That's entirely up to you. If you're buying it as a gift, then probably not. However, it's always reasonable to charge rent to a tenant, even if you're related to the person in question. You do not have to charge your son rent. But in the case that you bought the house you have the right to charge him for any space that he is occupying.
Details are that we found a house for 119,000. My husband is available for a VA loan and we are contemplating whether it is a wise investment for two people about to go to college. We are both 22, and the thing is we are contemplating taking the loan, buying the house. My father who is a trustworthy person on payments wants to rent it and the rent would be automatically paid for the loan…
They might ask for an extra deposit or an extra month's rent because people with low credit scores have a higher risk of defaulting on the contract (not paying rent or leaving the apartment before the contract is up). Because of the higher risk, they might charge more up front, but they shouldn't be charging you a higher rental rate in general.
In a free economy prices are set by landlord and tenant agreement. In general the landlord offers to rent at a set price. If no one rents his place then at some point he lowers the offer price. Can he offer to rent by the person? Sure. More people means more wear and tear on the property, more parking problems and possibly more domestic disputes.
Starting on their 18th birthday, technically yes. Parents are responsible for providing for their children until the age of majority (whether they like it or not). As soon as they reach the age of majority (usually 18), the parents can charge them rent, kick them out of the house, or whatever... all perfectly legal (if a tad cold-hearted).
For someone who is looking for a free route with no sign ups to find a house for rent, Craigslist offers just that. It is a place where average people post what they have, or what they need, and people respond either by a phone number that is provided by the seller/renter, or by simply replying to their post.
If you advertise 1000 for an apartment and receive applications for it can you change the rent if no lease is signed?
Until you sign a lease, you have no obligation to keep the rent at that rate. A landlord might charge one tenant $1000, and another tenant $1100, if, for instance, one was a couple, and the other was a family of five. The larger family would use more water, create more wear and tear, etc. However, a landlord doesn't need a reason to charge different people different amounts. If you advertise for $1000, then only…
Can an estate claim back rent from an heir who lived in a house in the estate but did not pay any rent to the other heirs?
You haven't provided enough detail such as whether it was your usual residence but there are circumstances where the executor could charge rent if one heir is using the premises and creating expenses for the other heirs. You haven't provided enough detail such as whether it was your usual residence but there are circumstances where the executor could charge rent if one heir is using the premises and creating expenses for the other heirs. You…