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Updated over 7 years ago on . Most recent reply

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Jack B.
  • Rental Property Investor
  • Seattle, WA
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Give keys a week early?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

I usually give tenants a day or two for free to ease the move in between their old place and the new place. I have a tenant who emailed me and said he has the rest of the money (holding deposit was paid but first and last are ready now) today. My thing is that it's $75 a DAY and $375 over the already free $150 I'm giving them if I give them keys today.

I doubt they would cough up the extra money and elect instead to get the keys a couple days before their move in date.

But then again, it would be nice to get that money today, even without the extra charges. What say ye? I have another tenant I'm meeting up with today as well so I should get about 12K in money. 

Most Popular Reply

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Alex Deacon
  • Investor
  • Pittsburgh, PA
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Alex Deacon
  • Investor
  • Pittsburgh, PA
Replied

@Jack B. treat this like a business Jack. I would not give anything but a quality product and keep your promise as per the lease as they should keep their promise and pay the rent and adhere to the lease terms and conditions. You will find that tenants in general will take advantage of you. The more you give the more they will take. Be fair and firm. Would your mortgage company give you a few days of no interest?

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