General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Prop management company full rent collection
Hi,
I have a property managent company for a property I recently purchased in MA. 1 month in, one tenant is $100 short on rent. My initial thought was to ask the property manager to charge the late fee as well as take the tenant to court. The property manager said to not take the tenant to court since filing the paperwork will be expensive and to not charge a late fee because they are never able to enforce it in court. Has anyone heard of this happening in MA or am I being given bad advice?
Thanks,
Rick