Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 about 5 years ago on . Most recent reply

User Stats

24
Posts
15
Votes
Diana Frasier
  • Rental Property Investor
  • San Antonio, TX
15
Votes |
24
Posts

Waiting two months for top notch tenant?

Diana Frasier
  • Rental Property Investor
  • San Antonio, TX
Posted

Hi BP Friends,

I bought my first rental on 12/31/19 and took about a month to complete repairs and get the listing up. I’ve had no shortage of low income, low credit score applicants and the interest is there so I’m not worried about my price point. However I’ve noticed most highly qualified tenants don’t want to move until closer to summer (I know seasonality is a thing).

On that note, I have a great prospective tenant who is PCSing here with the military as a doctor at a local military hospital. She can move in May 1. Is it a huge mistake to wait for her? The cost of having the house vacant isn’t a cash flow crunch for me, so I’m tempted to wait for a top notch tenant vs accepting one of the borderline people who have applied so far. Any tips to make the economics better or things I should be aware of? She’s ready to sign a lease

Thanks!!

Loading replies...