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 over 3 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!

Loading replies...