General Landlording & Rental Properties
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 almost 8 years ago on . Most recent reply

First late rent fee ....
Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had to enforce that today.. and it's not me at all... I did it however with a letter.....and the tenant called me back this afternoon..I'm learning and growing. ..
Most Popular Reply

Christine Mwai If you don't charge a late fee you will be the last bill paid every time! I think it is mandatory for all property owners.