I live in MD and I currently have a lease that mentions the following about late fees: "5% of the monthly rent for every day the rent is late after the 5th day rent is due". I bough the contract from eForms.com. My ...
Hey guys, My name is Mark, I just closed on my first property and was wondering what the max late fee I can charge per day is or if there even is one. Thank you!!
Hello all,I am looking for a rent collection app that automatically charges a daily late fee. I currently use Baselane and it only allows a one time late fee. Thank in advance!
Hi all, Do you know any free or low cost app for property management that has a daily late fee charge options?Thank you
What is the norm that you charge for late rent. Is it a one time fee or does it accumulate per day?
Is anyone using an online rental payment app/site that they like that has the ability to do late fees. My leases state a $50 late fee after the grace period and then $5 a day there after. I was using erentpayments.c...
This is my first rental property (townhome - 3 units) and I am drafting rental agreements. For those of you with experience, what would be your recommendation on structuring late fees? Should I do one flat fee? Or ch...
I have some questions regarding a short-term rental near Orlando. It is a 4 bedroom 3 bathroom townhome (1492 sqft). It boasts fantastic amenities, notably a lazy river, yet tenants are required to pay $22 daily to ac...
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
Hey guys,I'm curious to learn about what other landlords and property managers charge for late fees? After how many days do you charge the first fee, and how much? Do you charge a daily fee after that, and if so, ho...