Rental agreements are critical for college students and rental property in Tulsa
Renting to college students can pose a unique set of problems and opportunities to Tulsa property management companies. College students can sometimes be high-risk tenants--they can be louder, messier, and financially unstable than the average tenant looking for homes to rent in Tulsa OK. A lack of credit history can make it difficult to determine their financial trustworthiness. On the other hand, they may be more likely to rent in groups of roommates (who are jointly liable for rent), or to have their parents co-sign for them, increasing the likelihood that Tulsa property management companies will receive the rent complete, and on time.
Consider the following factors when leasing Tulsa homes for rent to college students:
- How will roommates be handled? When leasing a rental property in Tulsa, some property managers prefer to have a single name on the lease. In a situation with multiple roommates, however, it may make more sense to have each resident's name on the lease. This will result in each resident being liable for the entirety of the rent due on Tulsa homes for rent, increasing accountability (and the likelihood you'll see your money!). Also, property managers should determine a maximum adult occupancy for each of their Tulsa houses for rent--too many residents is awfully hard on a unit.
- How will the unit be maintained? College students are busy, on their own for the first time, and notoriously poor housekeepers. Does the rental property in Tulsa have landscaping or yard that needs to be maintained? Make it very clear in the rental agreement if you expect residents to do yard maintenance. It might be safer to include a monthly yard maintenance fee in the rent itself, and have a professional do the job. Neglected maintenance can reduce the rental (and resale) value of homes to rent in Tulsa OK.
- What's the policy for noise complaints? It's not Tulsa property management companies favorite part of the job, but property managers need to be prepared to act on noise complaints, or risk losing loyal and stable tenants. Again, making expectations crystal clear in the rental agreement can really pay off. Consider a "three strikes you're out" policy.
- Lastly, be mindful of which Tulsa houses for rent you are willing to rent to risky tenants. If a condo has just been lovingly remodeled with antique fixtures, it might not be the best place to put a beer pong table.
ONEprop Oklahoma LLC is a Real Estate Brokerage licensed by the State of Oklahoma, OREC license number 157720
Leasing…. (918) 516-5131
Property Manager….Bob Abbott (918) 516-5199
Property Manager….Bob Abbott (918) 516-5199
ONEprop Oklahoma LLC
7112 S Mingo Rd.
Suite 105 Tulsa, OK 74133
7112 S Mingo Rd.
Suite 105 Tulsa, OK 74133




