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
$69.00/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.
Managing Your Property
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 2 years ago,

User Stats

5
Posts
1
Votes
Seung Don Hong
1
Votes |
5
Posts

A tenant didn't pay rent on the 1st of the 1st month of new lease

Seung Don Hong
Posted

A tenant didn't pay rent on the 1st day of the 1st month of new lease. I looked at our lease agreement, and the due date for rent was left as 'blank'. The due date for the rent is supposed to be '1st' each month and the lease agreement should state that. My realtor made a mistake of leaving it as blank, and I also made a mistake of not checking it beforehand. I texted the tenant to pay the rent by 2nd and also sign addendum with due date of 1st each month. He hasn't responded yet, nor deposited the rent as of 3pm on 2nd. The lease agreement doesn't specify the exact due date, so he doesn't have any obligation to pay the rent by any day of the month. Am I right? Today being Friday, next Monday will be already 5th. I don't know what to do. I can't enforce any late fee penalty nor eviction process whatsoever at least until the last day of December? Should I take it as a pricy lesson and assume the due date for the rent is 30th or 31st of each month and enforce if he still doesn't pay the rent? I am stuck and don't know what to do. Any advice or comment will be greatly appreciated.

Loading replies...