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1

Seems like he is asking for 10 days of courtesy habitation. Not necessarily. You can see it from different angles, and essentially, they match each other in the sum. As others suggested, you might want to charge them ⅓ of the monthly rent upfront. But then, you have to consider that in the last month they live there, they only have to pay ⅔ of the amount ...


6

In most jurisdictions you have quite a bit of latitude in what you and your tenant agree to. Some people like monthly expenses to hit at a time other than the 1st because of the timing of their paychecks and/or other monthly expenses. I take it as a sign they might be living paycheck to paycheck which is not ideal, but up to you to decide if you're ...


4

Presumably rent is paid monthly in advance? Then the first month's rent will be for 1 month + 10 days, and continue monthly thereafter.


2

Unless explicitly stated that they want ten days free, this usually means they want to make a first, smaller payment (they pay on the tenth of their first month for the first ten days), or they make a larger payment for the first month on the tenth of the next month that adds the ten days. After either of these options you then revert to a normal monthly ...


1

I said in my comment that you should use PV, after reading your question more carefully, you should use the opposite formula, NPER. The main trick is determining the effective interest rate, which I got from http://www.tvmcalcs.com/index.php/calculators/apps/excel_graduated_annuities If the money is just in a plain savings account, the savings interest rate ...


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