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General Landlording & Rental Properties

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Tracey Reinbrecht
  • Investor
  • Madison, OH
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Recurring late rent payments

Tracey Reinbrecht
  • Investor
  • Madison, OH
Posted Feb 5 2017, 18:06
We have tenants that always take advantage of the 5 day grace period we have in the lease. Today we received a text that they had an unexpected emergency and that they aren't sure they will be able to get the full rent to us by this Friday. They want to know if they can split it up over the next 2 Fridays. My husband and I are concerned that they have become a credit risk because the wife slipped once and said she wasn't working anymore. Is there anything we can do to put them on notice? Can we charge them a double late fee? Any help/advice would be greatly appreciated.

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