Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

26
Posts
6
Votes
Neal Ward
  • Rental Property Investor
  • Atlanta, GA
6
Votes |
26
Posts

Should I accept partial rent?

Neal Ward
  • Rental Property Investor
  • Atlanta, GA
Posted

Should I waive the late fee and accept partial payment for a nurse who works for the government? She “said” her hours were cut at work durning the shutdown, however she never missed a check while the government was shutdown. Her husband is a state police officer, so I don’t see why I should waive a late fee and not proceed with eviction notices if he is working,

Most Popular Reply

User Stats

1,773
Posts
2,659
Votes
Marc Winter
  • Real Estate Broker
  • Northeast PA
2,659
Votes |
1,773
Posts
Marc Winter
  • Real Estate Broker
  • Northeast PA
Replied

Let's try flipping this story:  tenant calls with a maintenance complaint of a clogged toilet/sewer, owner responds with 'I don't have the money to do it right now because my spouse lost their job'.

Tenant of course would understand and tell you 'no rush, when you get the money together, let me know'.

NOT.

Owners and renters have a written contract--a lease--for a reason.  It spells out what the rights, responsibilities and penalties for non-compliance are.  Stick to the lease.  No partial payments.  They already have a payment plan--it's called the LEASE.

Loading replies...