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Updated over 8 years ago on . Most recent reply

User Stats

177
Posts
82
Votes
Amy E.
  • Investor
  • Bonaire, GA
82
Votes |
177
Posts

Lean on a Tenant to Pay Up

Amy E.
  • Investor
  • Bonaire, GA
Posted

If you have a tenant who is paid up on rent, but doesn't pay for other fees (storage, parking, late fees, whatever), how hard do you go after them?  I'm in a situation like this and the property is profitable, and the rent is paid on time but the tenant essentially owes me $325 for back payment on a storage unit with the potential to get even further behind.  Its not part of their rent, it was an add-on.  The storage unit is on the same property as the rental unit and its empty.  But its in their lease that they will pay the extra fee for a year.

I can't seize the property in the storage unit, because its empty.  I could go to court, but that feels like a waste of my time and effort for a property that is already profitable.  I do not have a very commanding presence, and while I talk sternly to tenants if required, I feel like I have no leverage in this situation because the tenants will keep ignoring me unless I "do" something, not just talk.

Making matters worse is the fact that they are dirt poor, and my sympathy meter kicks in.  I have to beat it back a lot and remember that this is a business.

 Thoughts? Or is there a method for leaning on people to cough up the cash they owe without having to take legal action?

Most Popular Reply

User Stats

382
Posts
258
Votes
Jonathan G.
  • Investor
  • Marietta, GA
258
Votes |
382
Posts
Jonathan G.
  • Investor
  • Marietta, GA
Replied

If you have a contract in writing and signed, $325 out of next months rent goes first towards storage fee. Send notice regarding past due rent amount followed by a formal 3 day notice to pay or quit.
Option 2; continue to subsidize

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