Tenant late every month for the last seven months
I have a tenant with a yearly lease expiring in November 2014. She has been severely late in rent payments for the last seven months. Gave her a 5-day notice every month. She pays partially and late but pays till end of the month. Today is July 1, and she still owes me $285 out of $1535 (Rent plus late fee) Remaining $1250 has been paid. This is a big problem. If she somehow pays till November, and I do not renew the lease, she might still not leave the house and may need to be evicted. If I rewrite the lease month to month and raise the rent and late fee by 10-15%, will that be a better option than just telling her lease is not renewed. What are your experiences with such a bad tenant and how would you handle it now and end of lease presuming she somehow keeps paying till then.