late rent penalty fees collect later

[Jason Lee]

Do you more seasoned landlords worry about late rent as in a few days past the late fee mark.( I put 50$ penalty on my lease)

Or do you just take the late fees out of the deposit at the end of the lease?

[Blake Jarrett]

All of my rent is due on the 1st and late after the 10th. After the 10th it is a $50 fee and $10 a day after that. I will not accept the rent unless the late fees are included. I post eviction notice on the 11th with the late fees spelled out. I'm not sure if you can legally take the late fees out of the deposit.