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Updated about 1 year ago on . Most recent reply
What to Do when you Have a Qualified Applicant but they Can't Move In for 15 days?
I have a qualified applicant in a rental in Virginia that is currently empty. The market has slowed and I don't want to turn away qualified applicants, but they can't move in for almost 3 weeks. Can I charge a holding fee until they move-in, in addition to the security deposit? Or is it better to charge rent before their actual move-in date. I'm not sure what's best when the unit is sitting empty. Thanks for any advice you can offer.
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
@Dee Bral 3 weeks is nothing for a qualified tenant, as long as they make the deposit and rent payments now with a signed lease.