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Updated over 7 years ago, 05/19/2017
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.