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Updated over 9 years ago,
Collected $4500 in one shot from a tenant who was behind!
I have been managing properties for over 7 years and have always taken the position of if the tenant can't pay, evict them. This time, I have completely deviated from my rules and through discussions initiated by the tenant were able to have me agree (all our tenants think I am just the property manager and not the owner, btw) to a payment plan.
She worked really hard for the past few months, paying most of the rent and sometimes falling behind. Yet, she called me and emailed me every two weeks letting me know what her situation was and how it was changing,
At the beginning of this month, she was $4500 behind and I started to get nervous. Well, she called again. told me that she got the money and paid off the full amount!
I feel great that I gave my tenant the chance. Like I said, I don't usually allow tenant to get behind, don't know what happened to me, I am not a soften at all, but I guess for the right person, you can make an exception.