Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Mae Furman
0
Votes |
2
Posts

Tenants didn't pay full rent.

Mae Furman
Posted

My husband and I own a multifamily home where we live in half and rent out half. 

I typically receive a money order from them for rent. I received the money order for 300 shy of their monthly payment. I reached out and said that they were short on rent and needed to pay the full amount. They said that there were two payments in the envelope, a money order and a check. I only saw a money order but now I am worried I over looked a check. I don't see how that would happen but I guess it wouldn't be impossible. 

So my question is now what?

Most Popular Reply

User Stats

304
Posts
185
Votes
Andrew Powers
  • Investor
  • Cincinnati, OH
185
Votes |
304
Posts
Andrew Powers
  • Investor
  • Cincinnati, OH
Replied

If you didn't cash the check then the money didn't come from their bank account. It may be a stunt by the tenant but if they've been diligent in the past to pay on time / you want to give them the benefit of doubt, have them give you a check ASAP for the remaining amount. What does your lease say for non payment?

If people are paying rent via checks and money orders, that is difficult to track and tenants often abuse mailing delays and things like your describing. I suggest looking into a better system of collecting rent if possible. There are many management websites and rent collecting methods. I use Cozy which the tenant's bank account direct deposits to yours. Less hassle and stress.

Loading replies...