Tenant always pays, just never on time

[Vincent Plant]

I’ve had a tenant in my property for about 6 months.

He’s been a problem from day one getting the rent in on time and it’s driving me nuts.

So far he’s always managed to come up with the rent and the late fee every time but it comes in increments. He doesn’t say anything until I send the late notice and begin asking him for updates.

Like I said, he’s never NOT paid and has always managed to pay the rent in full by the end of the month, plus the late fee but then it starts all over again every month.

It’s such a hassle getting a new tenant, and I know the moment I tell him in terminating the lease early the pay will stop and I’ll have to go through months of getting him out and turning it over which will be expensive.

What would you do?