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Hi everyone! How do you all handle your late fees? What day do you consider late? How much are you charging? We enforce a late fee after the 5th, at $15.00 a day as of now. I’m curious how this works for everyone else...
Our rental contract specified a daily late fee if the rent is made after due day. My tenant complained that’s unheard of and “no room to breathe”. What are you guys’ thoughts on this?
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A restaurant that’s doing great business feels he shouldn’t pay the rent on time for the last 4 months every month we had to post 3 day notice to pay rent or quit on his front door for him to deign to pay his rent Wh...
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What is the typical charge for a late rent payment?
I just finished this book and I thought it was great. Matt Desmond writes about the eviction culture in Milwaukee inner city neighborhoods from both the landlord and the tenant perspective. He actually lived in a trai...
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If tenant is late and don't pay rent by day 1 and then pay me the day 4 at $20 per day should I charge $60 or $80?
Thank you in advance!
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What is something you have learned from going from pre-coronavirus to now?
Will you change anything going forward?
Also, what is the first thing you will do when you are able to get back out
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Hi there,One of my duplexes in Harker Heights (which is right next to Killeen) has not paid rent for months. Longer story there but learned a lot. Anyway, I had my court case this past Monday and of course won. My que...
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Hello BP Community! I am currently in the process of developing a fully remote/virtual leasing strategy for our rental units located in various Midwestern MSA's (e.g. Pittsburgh, Columbus, Indianapolis). With rapid ...
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I have a tenant who is currently 5 days late on rental payment. Late fees are currently accruing. When is it a good time to let the tenant know that the rent payment did not go through?