Lou brown rent DUE on 25th??

[Account Closed]

Any one ever listen to Lou Brown audio. I found a clip where he basically says everything I have learned on here about taking control of the first phone call with a potential tenant asking questions about stable job, credit score, etc. He also claims he makes rent due on the 25th as opposed to the first? Is that something you have had success with? He says it trains the tenant to pay him first before the other bills are due which is interesting and also he will tact on late fees the day after. He is also in Georgia and can have people evicted within a month as opposed to CT laws which takes longer than that. thank you

[J Scott]

I personally hate the idea of asking tenants to pay rent on the 25th. If anything, it sounds like a stupid gimmick developed by someone who wants to come across as a guru...

Most blue-collar salaried jobs (the majority of renters, I would presume) pay at the end of the month, and most of these tenants probably don't keep much in cash reserves (if they did, there would be more chance they'd own a house). So, asking them to pay in advance of the end of the month, and then tacking on late fees if they can't just seems like a way to take advantage of them and to create tenant/landlord issues where there don't have to be any.

Why would any landlord create a reason for the tenant to be less likely to pay on time? This seems counterproductive from all aspects of the relationship, and the more time a landlord has to spend dealing with these types of issues, the less money he makes (time is money).

Just my $.02...