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Updated over 2 years ago on . Most recent reply

Adam Galal's profile image
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Adam Galal
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Adam Galal's profile image
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Adam Galal
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Adam Galal
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10
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General Landlording & Rental Properties

Can I charge a tenant 6months upfront?

Adam Galal
Posted

Hi All


I am new into real estate and being a landlord. I was wondering if its possible  or even legal to charge a tenant 6 months ?

Cleveland, Ohio
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Bob Stevens's profile image
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Bob Stevens
  • Real Estate Consultant
  • from Cleveland
  • Member since Oct 26, 2020
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Bob Stevens's profile image
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Bob Stevens
  • Real Estate Consultant
  • from Cleveland
  • Member since Oct 26, 2020
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Bruce Woodruff:
Quote from @Adam Galal:

No. Stop trying to help out tenants. You are running a business, not a charity.



 So are you running a charity or a business ? I have heard every story in the book, ( I have done 1ks  of move in and outs in the Cleveland markets )  This the exact reason why EVERY investor should hire a PM co, keep emotions out of it , 

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