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 almost 8 years ago on . Most recent reply

User Stats

280
Posts
88
Votes
Christine Mwai
  • Investor
  • Alabaster, AL
88
Votes |
280
Posts

First late rent fee ....

Christine Mwai
  • Investor
  • Alabaster, AL
Posted

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

User Stats

121
Posts
50
Votes
Julie Haveman
  • Multi-family Investor
  • Allendale, MI
50
Votes |
121
Posts
Julie Haveman
  • Multi-family Investor
  • Allendale, MI
Replied

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.

Loading replies...