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Updated about 15 years ago on . Most recent reply

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M F.
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How long would you be willing to hold a place for the right tenant?

M F.
Posted

I am renting out my home for only the third time. My last tenant went into arrears and didn't pay their last 3 months of rent. I want to get the home ready for rental May 1st, but there is still a lot of work to be done before it is ready.

I have a young (in their 30's w/ no children) professional couple who want to rent place. They were, on a personal level, the best ones I interviewed. I have done a check on them both and they both have excellent credit history and rental payment history. The problem is that they can not take the place until mid June (pro rated). They are willing to sign the lease and give me the security deposit now.

Is is worth it to hold the place for them? I still have repairs to make but it will not take a month and a half to make then. Should I pass and keep interviewing? What is your experience? The home is in an ok neighborhood and most of the people I have interviewed were either college students or low income with not so great credit.

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Account Closed
  • Landlord
  • Seattle, WA
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Account Closed
  • Landlord
  • Seattle, WA
Replied

I have done this before for a good tenant. I always ask though that the deposit be paid in full in order to hold it. If they are serious and they are good tenants this is not a problem.

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