All Forum Posts by: N/A N/A

Something I am adding to all my new leases is an incentive for the tenant to pay by the 1st.
The lease shows two rent amount. Ex. $995/mo if paid on or before the 1st (which is the current rent amount for the property). Or $1,020/mo if paid after the 1st.
You cannot say the higher amount is a penalty for not paying by the 1st, BUT YOU CAN say the $995/mo is an discount.
And then I also put in the lease if the rent is ever past due, the discount is null and void for remainder of the lease.
I just get tired of always getting paid last.

This is a really good idea. Thanks!

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Re-invest in whatever made me the $10 mil, duh!

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Thanks for this - great post. Probably gonna bookmark it somewhere.

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Anyone interested in investing around the Boston area? If not, you should be. Areas like Dorcester and Chelsea are going to be the new South End. Not to mention a few gems can definitely be found in Cambridge and Somerville. Where have you guys been looking, if at all?

Leon Chang

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Las Vegas or anywhere in Europe.

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lexington, MA

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Hi, my name's Leon, I'm a student at Dartmouth College, and I'm currently an intern at Boston Equity Investments. I'm hoping to learn about different real estate investment opportunities, and to hopefully tell more people about the opportunities at where I'm working.

Thanks!

Leon Chang

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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 19 times.

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