Neal Little
sketchy not sketchy?
I rented to a guy in Feb. All of his references checked, had a good local job, was divorced but getting remarried, plus he was a nice guy. I have three things I emphasize...Rent is due on the first, no pets, no smok...
Jacob Casarez
When can I charge a late fee?
I currently rent out 3 rooms in my home. I have a rental agreement with each tenant-roommate that says when rent is due. Can I Iegally charge late fee per day if rent is not collected? Obviously I would get that in wr...
Tucker Kincaid
Any STR investors in Destin FL?
Hello hello BP! Currently thinking about 1031 exchange to buy STR in Destin, FL. I was curious on some details:- occupancy%- cleaning fees- Average daily rateI would appreciate any help. Merry Christmas!
Bob Malecki
Outrageous publication charge for CA foreclosure notice
I hired a law firm in Los Angeles to FC on a property where I held the 2nd position note. We ended up negotiating with the borrower and settled for a decent amount. The attorney forwarded an invoice for mailings and p...
Angela Tanudjaja
Late fees: do you do % or flat fee?
Hello everyone,
For those who rent out their apartments, do you charge a late fee based on rent percentage or a flat fee?
If so, do you set a daily rate?
I'm asking because I'm working with a prop...
Marci Stein
Late fee 10 percent of rent ?
About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...
Richard S.
Deal falling apart, please help!
Looking for some advice. I am the buyer of an out-of-state SFR in a hot market. Home passed inspection, appraised right at the sales price. There were some title issues which took a few weeks to clear up, then the sel...
Nahal Beckam
First time landlord made a big mistake.
Ok. I was preparing online lease agreement for my first tenant, and made a mistake. I meant to set a small late fee to be charged per day, but instead it was set the small late fee to be charged per month if they dont...
Mak K.
Late fees calculations over 30 days
My tenant has aug rent past due. I charge $25/day late fee. She is also going to be few days late for september.So for calculation purposes lets take 5th September as example. So since now its two months of late fees...
Ed L.
Late fees included in eviction notice?
Somewhat of a follow up to my question last night. My lease agreements dictate a $20 late fee for rent received after the 5th and then $5 per day for any rent received after the 10th. I have a couple tenants that ar...