Property Management & Payday rent collection

[Lois S.]

For those of you who use a PM for your class B or C properties -

Would your PM be open to setting up payday payment plans for your tenants?

Example: Tenant gets paid SSI or other regular income by the 6th of each month.

Would your PM be open to adjusting the rent-due date so tenant can avoid late charges, and possible avoid evictions due to not being able to catch up on late fees, and Pay or Quit Service fees?

If you are a PM,  why or why not?  Thanks

[Dick Rosen]

All of our due dates are the 1st however we are flexible on late fees in the case of SSI for example. No payday stuff, that's just adding more admin to their situation. Keep the rules simple but be flexible with real people.