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Updated about 7 years ago,

User Stats

29
Posts
7
Votes
Jason Lee
  • Olive Branch, MS
7
Votes |
29
Posts

Late Fees Not Being Paid

Jason Lee
  • Olive Branch, MS
Posted

Hello...

I have a tenant who is not paying late fees.  He pays late always past my 5 day grace period.  Sometimes I have to mail a 3 day pay or quit, and he pays up.  My lease states clearly a 50$ late fee, and I even sent a copy of the bank statement explaining he is 250$ behind in late fees.  The property is 3 hours away, and other than this he is not a problem. 

I am not going to try eviction over it mainly because it is difficult to find a tenant who will agree to do ALL repairs, and maintenance themselves on a rental.  Just wondering if you guys have any advice.  I even sent him an ATM card so he can deposit rent directly into the ATM which accepts cash.  I have been thinking in the back of my mind well he won't have much of a security deposit left when his lease is up.  Perhaps that is an option when he signs a new lease I request another deposit?  It is 750$ monthly with $750 deposit.

Thanks.

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