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Updated almost 4 years ago on . Most recent reply

User Stats

5
Posts
2
Votes
Keith Truong
  • Rental Property Investor
  • Los Angeles, CA
2
Votes |
5
Posts

Los Angeles - Inherited Tenant Requesting New Payment Date

Keith Truong
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi everyone,

I have an inherited tenant in my triplex who normally pays on the 15th of every month, which means the 15th is the beginning of the month. She just got a new job that pays her on the 22nd, and asked if she could pay her monthly rent on the 23rd.

I'm thinking that I could offer her 3 options:

1. Allows her to pay on the 23rd, but provides the notice on the 19th stating that she is late in accordance to the current terms

2. Ask her to sign a new lease, making the 23rd the new date of paypment and the new beginning of the month. She'd have to pay for the current month 15th - 22nd separately to make her current.

3. Ask her to sign a new lease, making the 1st of the following the new date of payment and the new start of the month. I would allow her to pay for the remaining of this month in 3 installments to get her current.

Has anyone done this before? Would appreciate your feedback and if you could let me know what else I could do to make sure things work out for the two parties.

Thanks in advance!

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