Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Matt Turner
  • Cabot, AR
3
Votes |
28
Posts

Need help with what to do with cash

Matt Turner
  • Cabot, AR
Posted

I have found some great people to move into my rental.  they are signing a lease today and it starts June 1st.  They are not moving into it till August though.  They have agreed to pay half the rent the first 2 months and pay an additional 50$ / month for the other 10 months to make up for my lose.  I will be living in the unit till they move in on August 1st.  what i am wanting to know is, what should i do with the half rent they will be paying for the first two months.  should i keep paying my mortgage completely out of my pocket and save up the half rent they pay?  Or should i put the half rent towards my mortgage and my my payment out or my pocket less?

thanks

Loading replies...