Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

648
Posts
557
Votes
Andy Sabisch
  • Investor
  • Jackson, MS
557
Votes |
648
Posts

Dealing with habitually late tenant

Andy Sabisch
  • Investor
  • Jackson, MS
Posted

So here's a question.  Rent on our units is due on the 1st, late on the 3rd and at either day 10 or 15, eviction proceedings are started.  Also after the 2nd late in a lease period, rent goes up $25 a month for the rest of the lease.

Have one tenant that is always late and usually later than the 15th in her case.  By law we have to give her 10 days once she receives notice to cure it before we can go to the magistrate. 

So we get the rent and late fee on the 23rd to the 25th.  And getting it that late you know the next month repeats the story. 

Any thoughts on how to handle the last 6 months of her lease as renewal is out of the question.  Thanks

Most Popular Reply

User Stats

21,345
Posts
18,896
Votes
Chris Seveney
  • Investor
  • VA
18,896
Votes |
21,345
Posts
Chris Seveney
  • Investor
  • VA
ModeratorReplied
Quote from @Andy Sabisch:

So here's a question.  Rent on our units is due on the 1st, late on the 3rd and at either day 10 or 15, eviction proceedings are started.  Also after the 2nd late in a lease period, rent goes up $25 a month for the rest of the lease.

Have one tenant that is always late and usually later than the 15th in her case.  By law we have to give her 10 days once she receives notice to cure it before we can go to the magistrate. 

So we get the rent and late fee on the 23rd to the 25th.  And getting it that late you know the next month repeats the story. 

Any thoughts on how to handle the last 6 months of her lease as renewal is out of the question.  Thanks


I would  offer them the ability to break the lease early without penalty. 

  • Chris Seveney
business profile image
7e investments
5.0 stars
3 Reviews

Loading replies...