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 8 years ago,

Account Closed
  • Tampa, FL
4
Votes |
55
Posts

Renter ready to move, question about pro-rating.

Account Closed
  • Tampa, FL
Posted

Hi guys, 

I have a motivated tenant looking to move. He has to give 1 month's notice to current land lord. I'm not exactly certain how the dates/math all works out. Does 15 days notice mean on a given day (ex: 24th->24th?), or does it mean on the given month of lease (1st to 1st?). I'd like to request 15 days move in, any longer is a stretch. How do I best work this out with the renter? 

The rent is $1250, and deposit is 1.5. 

I'm thinking:

Deposit paid on 1/25: 1875

Move in Date: 2/15 (which is 22 days later)

On the Move in - Pay full month. (Could be tough, due to having 2 apartments at once). Then on the next month, pro rate February.  How do we prorate the balance?  

Also, does anyone happen to have a hold agreement form?

Loading replies...