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Updated about 2 years ago on . Most recent reply

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84
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22
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Alex Moazeni
  • Rental Property Investor
  • Dallas
22
Votes |
84
Posts

Paying rent on 15th each month

Alex Moazeni
  • Rental Property Investor
  • Dallas
Posted

Hi.

Just closed another 4plex and obviously it came with all inheritate tenants. One of them which has been there for 10 years is saying she always pays her rent on 15th each month.

It is not on her lease, she said she will send the updated lease to me and she will pay late charges and fees if I don't receive it by 18th. 3 days grace period.

She has a lease agreement started April 2024 and it will end on 2026. Unfortunately.

Any advise?

Appreciate it in advance.

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