Re: Prospective Tenant Has Fishy Motive for renting..?

Re: Prospective Tenant Has Fishy Motive for renting..? by Bunny *M*A*G*I*C* on June 12, 2012 @02:38

The potential tenant asking about the "grace period" would raise red flags, alarms, bells and whistles for me, too!

I would check her out thoroughly and do a detailed background check, as you would for any tenant, paying special attention to her three previous landlords & what they have to say about her.

As for not having an ex or boyfriend, well, you said yourself she is a young woman. Her status of single and having no other person in her life is likely to change.

People don't usually ask about a 3-day or 7-day grace period unless they've had problems paying rent on time. That's just weird, as I's guess you have this issue covered in your lease or rental agreement.

[ Reply ] [ Return to forum ]

Re: Prospective Tenant Has Fishy Motive for renting..? by P-Bone in WNY (NY) on June 12, 2012 @07:22	[ Reply ]

This doesn't necessarily raise red flags for me. Given the great variances in property management companies and landlords, someone who has rented for a number of years may have been given no grace period to 7 days grace period. It's all a matter of preference for the property owner/manager. I would assume that asking this type of question would be good, as a way to insure they pay on time, as opposed to looking for a way to pay late.

Re: Prospective Tenant Has Fishy Motive for renting..? by Anonymous (MN) on June 12, 2012 @08:45	[ Reply ]

Why would it raise red flags? Like the other replier said, the grace period differs greatly from place to place. Maybe she gets paid on the 30/31st and pays it on the 1st usually like my tenants do. I have a 5 day grace period. 99% of my rent payments come between the 3rd and the 5th. If this tenant is used to doing that and there is no grace period here, she'd be late every time for doing something she's accustomed to doing. You landlords on here can be the most paranoid bunch sometimes... As for the reason for moving, I've seen plenty of places raise their rent that much. It wouldn't be hard at all to confirm this, I'm not sure why you're having to ask this question here. Bottom line is if you don't feel comfortable renting to her, don't. Pretty simple in the end.