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Updated almost 8 years ago on . Most recent reply
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Short on Rent Payment
Hi everyone, currently own a 3-plex unit in Shreveport, La -- I am self-managing the property (my first one). My tenant is late on a payment and currently owes $700 rent + late fees for a total of $775. Today is the final day to pay before I file an eviction. The tenant contacted me and said she only has $600 to pay rent this month.
Do I accept the $600 and carry the $175 balance into next month's rent? Has anyone had experience dealing with this? I do have a $700 deposit held on their account.
Any advice would be much appreciated...thank you in advance.
Most Popular Reply
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If she could pay by money order or cashiers check, personally I'd take the money, carry over the balance and I'd make sure any late fee are within your state landlord tenant law regulations, you can google your state landlord tenant laws to make sure on that.
If she's been a pretty regular payer then work with her.. let her catch up