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Updated over 6 years ago on . Most recent reply

Abraham Anderson's profile image
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Abraham Anderson
  • Investor
  • from Sevierville, TN
  • Member since Apr 8, 2015
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Abraham Anderson's profile image
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Abraham Anderson
  • Investor
  • from Sevierville, TN
  • Member since Apr 8, 2015
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Abraham Anderson
  • Investor
  • Sevierville, TN
674
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Multi-Family and Apartment Investing

Rent box & late fees

Abraham Anderson
  • Investor
  • Sevierville, TN
Posted

Do any of you use a rent box? I'm considering adding one to my property (I have a secure place to put one near the mailbox area). My main concern is, what if a tenant drops in a partial rent payment? I.e. if they try paying after the 5th & they only deposit the rent with no late fee.

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Caleb Heimsoth's profile image
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Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth's profile image
Caleb Heimsoth's profile image
Caleb Heimsoth
  • Rental Property Investor
  • from Durham, NC
  • Member since Oct 1, 2016
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

Abraham Anderson i had that at one property I lived at. They had an on-site property manager though. Without that I’m not sure I would want that on my property

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