Late Rent Payments- new landlord

[Tyler C.]

Hi! I closed on my Duplex in the Spring and had a tenant move in over the summer. I'm a first-time property owner and landlord and I'm not sure the best way to handle this issue. Rent is due on the first and is late on the 2nd. My tenant consistently pays 8+ days late. I do charge a late fee for payments received after the 5th, but that doesn't deter her from paying late. Other than the late payments, I haven't had too many issues. I live in the upper unit, so the property is well kept. Is there anything I can do to further enforce on time payments? I live in Milwaukee county btw.

[JD Martin]

Do you issue pay or quit notices? That's your first level of remedy, so at least they know you're serious about getting your money. If they consistently pay late but pay before you get to the point of evicting, you will just have to enjoy the late fees and ride it out until their lease is up.