Attorney recommended capping attorney's fees to $500 on contract

[Mike Franco]

What do you think?

On the lease contract, there is a clause about attorney's fees.

An attorney looked over my lease and recommended that I cap the legal fees to $500 collectable, because even if you win, it usually is super difficult to collect from a tenant.

But if a tenant wins, you're easy to collect on, and you could be out more than $500 for their attorney's fees.