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Updated over 1 year ago,

User Stats

157
Posts
86
Votes
Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
86
Votes |
157
Posts

Tenant paid late did not include late fee.

Gurjot Grewal
  • New to Real Estate
  • Vancouver, British Columbia
Posted

Hey everyone. I purchased this property in APRIL this year. It's my first long distance investment and so far it has been going well. Tenant paid on time until July, but then my property management company was sold to another company which so far has been okay. He paid a couple days late with the transition but the company waived all late fees for the first month due to this transition. This month now he paid 5 days late. So I called and told them we enforce the contract or else what is the point of the contract. They contact the tenant, could not reach him, left a voicemail. I called just now and they said they will try to call again, if he doesn't pay the late fee next month the rent wont be accepted. 

Is there anything more I can do? 

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