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
$39.00/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

User Stats

17
Posts
5
Votes
Travis Bagley
  • Investor
  • Cincinnati, OH
5
Votes |
17
Posts

Grace Period Before Lease Starts

Travis Bagley
  • Investor
  • Cincinnati, OH
Posted

This seems obvious, but curious how other landlords are handling these situations.

Scenario:

You have a property you put up for rent and start receiving applications. You receive 2 applications. Both tenants are perfectly qualified.

Applicant A applied first but doesn't want to move in/start lease for 5 weeks.

Applicant B applied second but wants to move in/start lease in 3 weeks. 

Do you

1) Give it to B because they can move in sooner?

2) Give it to A because they were first?

3) Give it to A but tell them to bad the least grace period is a max of 30 days?

4) Ask for some kind of non-refundable holding fee for tenant A

Loading replies...