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 3 years ago,
Late fees during Covid
What are others doing about late fees for tenants during Covid? Are people waiving them? Based on background with tenant what should I do. I don’t know if the payments are late because it’s affected by covid or not but tenant took it upon himself to just pay base rent and ignore the late fees.
As background the guy has been my tenant for years. He has been late a number of times in the past but has always caught up. He normally doesn’t say anything about his plan to catch up and I have to reach out to him to do so.
Thoughts?