I've inherited a few rentals with chronic late payers. They are all 10-20 days late. I always post the notice to pay or quit about 5 days in just in case they don't pay, but they always have.I'm sick of posting notice...

A quick little background about myself. I recently turned 20 years old and gave up baseball about six months ago to work full time while going to school full time. I am a math major so numbers have always been my stre...

My methodology is very very conservative. A lot more conservative than many here. Most are using other peoples money, and taking equity out of houses to buy another, etc. I just really don't want to get to a point ...

Years ago, I had a tenant who's toilet got plugged - but they continued to use it until it overflowed on a weekend and I was the only maintenance guy we had. It was the last toilet I ever worked on... and probably th...

So my tenants paid $1000 of the $1200 that they own me.  Rent is due on the first, but late fees don't kick in until after the 3rd (on the 4th).  The late fee is $30- day.  Do I charge them the whole late fee or pro-r...

I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...

My tenant always pays rent late but usually before the 4th. This month the tenant still has not paid rent or reached out & today’s the 11th. I already informed the tenant that there will be a late fee than she tol...