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Updated almost 7 years ago on . Most recent reply

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Sai T.
  • Investor
  • West Chester , PA
138
Votes |
609
Posts

Should I waive the late fee

Sai T.
  • Investor
  • West Chester , PA
Posted

Hello BP, 

I just got below email. I'm n last 7 months Tenant paid the late fees 3 times! BTW late fee is $75/-

"Hello

I will be paying my rent Friday 5/5 with late fee attached I paid my sons last cancer treatment so I will be on time every month from now on sorry for any inconvenience."

I'm thinking to waive the fee as a courtesy but I'm not sure 🤔 should I do or not ? Please advise.

Thank U  

Most Popular Reply

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Mike Cumbie
  • REALTOR®
  • Brockport, NY
4,459
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3,316
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Mike Cumbie
  • REALTOR®
  • Brockport, NY
ModeratorReplied

Hello @Sai T.,

I would not recommend it. Business is business and charity is charity. Now there is nothing wrong with you going to a fund raiser for him/gofund me page etc and donating $75.00 or $200.00 or whatever you feel comfortable with. But keep the business piece separate.

Just my 2 cents and good luck!

  • Mike Cumbie

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