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General Landlording & Rental Properties

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Andreas W.
  • Durham, NC
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477
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Anybody tried rent due on the 5th in order to avoid late payment?

Andreas W.
  • Durham, NC
Posted Feb 9 2017, 08:15

There is always a group of tenants who pay rent late often or even most of the time. I understand that life from paycheck to paycheck is hard to manage financially. I was wondering, why not have rent due when the paycheck has cleared, which can be the 3rd or 4th of the month. Instead of keeping part of the paycheck until the end of the month in order to pay rent, pay a day later. That should get the landlord ahead of the cable and utilities bills. I am curious if landlords have experimented with this approach.

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