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Updated over 5 years ago on . Most recent reply

User Stats

220
Posts
360
Votes
Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
360
Votes |
220
Posts

Tenant pays too much in rent.

Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
Posted

Hey BP,

What should I do if a tenant pays two months worth of rent by mistake. They haven't caught it but I've been finding out its better to be proactive than reactive in this business. How do I go about giving the money back? Or do I ask if they wanted to be applied to their next month rent? How should I handle this? I'm trying to be really careful about how I handle this being this is my first property and I'm house hacking. 

Most Popular Reply

User Stats

220
Posts
360
Votes
Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
360
Votes |
220
Posts
Byron Scott
  • Rental Property Investor
  • Villa Rica, GA
Replied

@Anna Sagatelova That's sounds great. The checks did clear. I am going to follow your steps and put this inside of my policies. Didn't have anything in there for that yet so I need to add it. Glad you are willing to share how you would handle it.

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