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Commercial Real Estate Investing

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85
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Leona N.
  • Investor
  • Sask, Sk
25
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85
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Overdue rent collection

Leona N.
  • Investor
  • Sask, Sk
Posted Oct 7 2017, 20:44
What is protocol for charging and collecting overdue rent? The lease states 2% interest. I'm not sure if I wait until it's paid and then send a bill for the actual interest amount? Or should I send a letter first? Thanks.

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