Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
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 2 years ago,

User Stats

49
Posts
6
Votes
Beau Pearson
  • Investor
  • Port Saint Lucie, FL
6
Votes |
49
Posts

How would you write this lease up?

Beau Pearson
  • Investor
  • Port Saint Lucie, FL
Posted

I have a good tenant whom I just collected the Depot to Hold money. Property is available ASAP. They would like to sign the lease and handover keys on the 26th of March 2023. So the lease start date would be the 26th. When would it end? Is March considered the first month of the 12 month lease? And I require first, last security (which is standard in my area).

My thoughts..March is the first month of the 12 month lease. Move in funds would be pro rated first month (6 days) , security and deposit. Rent would resume as normal on April 1st as the second month in the 12 month lease. Lease would end on Feb 29th 2024. Do I have this correct ?

Loading replies...