General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Tenant wants to pay bi-weekly. Thoughts?.....
I have a tenant who would like to pay half the rent every two weeks to coincide with payday. I have been playing around with agreement wording (suggestions welcome) but am not sure of any negatives to agreeing to do this. My thoughts have been trying to figure out pitfalls of late fees, and how to bi-weekly could affect eviction if needed.
Anyone have experience doing bi-weekly? Thoughts and ideas greatly appreciated.
Vic