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.
General Landlording & Rental Properties
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 about 1 year ago on . Most recent reply

User Stats

7
Posts
4
Votes
Michael W.
4
Votes |
7
Posts

How to deal with consistent late payment renter?

Michael W.
Posted

Hi,

I am an out-of-state investor and have a rental property in Jacksonville Florida that is managed by JWB, a local property management company. The renters have lived in the property for 2 years now, and we have a long-term rental agreement with them, the lease ends in January 2026. For more than a year now, the renters have never paid on time. The rent is due on the 1st of the month. Each month, they would pay a little at the beginning of the month, like a couple of hundred dollars, a little in the middle of the month, and the rest at the end of the month.

I've asked JWB if any actions are taken to address the consistent late payment. They respond that they send notice to the tenant of any outstanding balance, and the notice is valid until mid-month. When a tenant makes a payment, a new notice is sent and a new expiration date is set. I think that's how renters avoid eviction since they just make a little payment to reset the notice expiration date.

I know I am getting full payment from the renters at the end of the month despite the consistent late payments, but consistent late payments don't look good on the ledger when selling the property with the renters.

What actions could I take, if any at all, to address the issue?

Thank you!

Most Popular Reply

User Stats

2,186
Posts
1,078
Votes
Peter Mckernan
Agent
Pro Member
#1 Rehabbing & House Flipping Contributor
  • Residential Real Estate Agent
  • Irvine, CA
1,078
Votes |
2,186
Posts
Peter Mckernan
Agent
Pro Member
#1 Rehabbing & House Flipping Contributor
  • Residential Real Estate Agent
  • Irvine, CA
Replied
Quote from @Michael W.:
Quote from @Peter Mckernan:
Quote from @Michael W.:

Hi,

I am an out-of-state investor and have a rental property in Jacksonville Florida that is managed by JWB, a local property management company. The renters have lived in the property for 2 years now, and we have a long-term rental agreement with them, the lease ends in January 2026. For more than a year now, the renters have never paid on time. The rent is due on the 1st of the month. Each month, they would pay a little at the beginning of the month, like a couple of hundred dollars, a little in the middle of the month, and the rest at the end of the month.

I've asked JWB if any actions are taken to address the consistent late payment. They respond that they send notice to the tenant of any outstanding balance, and the notice is valid until mid-month. When a tenant makes a payment, a new notice is sent and a new expiration date is set. I think that's how renters avoid eviction since they just make a little payment to reset the notice expiration date.

I know I am getting full payment from the renters at the end of the month despite the consistent late payments, but consistent late payments don't look good on the ledger when selling the property with the renters.

What actions could I take, if any at all, to address the issue?

Thank you!


 Would get the full payment upfront at the first of the month and if they cannot fulfill that than start the eviction process. This will go on forever till you put a stop to it or just let it go. The PM company should be managing this for you 


 I completely agree with you. That's what I think the PM should do, but they often BS their reply by saying their policy of sending a notice and resending another notice after receiving partial payment. 


 Just do not collect the small amount.. And fire that PM company 

  • Peter Mckernan
business profile image
The McKernan Group
5.0 stars
32 Reviews

Loading replies...