I'm having an issue with rent collection from a commercial tenant. I offer an online payment portal to submit rent payments via ACH or CC - they "couldn't figure out how to use it" so I set us up to accept Zelle payme...
I have a friend in Tennessee that charges late fees of $5 per day, instead of the typical "$25 if later than the 5th", like I use.
I like that a lot.
Is this common?
Thank you.
I'm renting out a SFR in California. I had a young couple apply and pass the screening process. I offered a lease and they accepted. Because the move-in date was still a ways off, I offered to take a holding deposit/f...
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I have spoken with various people who impose different levels of late fee, some on sliding scale, others lumpsum fee of 5% or 4%. Some charge late fee on the 4th of the month, others charge on 6th or 10th. This i...
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