Should I post 3 day notice?

[Niki C.]

Hi BP family,

I'm a new landlord and my very first tenant is having problem right now. They've been living in my condo starting this Sep, paid on time on Sep, late on Oct (reason given : somebody stole their money from their bank), on time on Nov, but now will not pay till 8th of this month (reason given: been 3 months maternity leave), and ask me to waive the late fee so I said NO. 

My question is even they let me know they will pay the rent plus late fee this Friday, should I still post 3 day notice or any other form I should use to clearly tell them that paying rent late all the time I will start eviction process?

i really appreciate all the advises.

Thank you.

[Thomas S.]

This is the reason when starting new tenants landlords should be using M2M leases. Far easier to fix you mistakes.

New tenants that pay late have been improperly screened. They can not afford their rent and will eventually leave owing rent.

You need to have a sit down with them and explain that one more late will result in eviction. Make it clear you are not interested in hearing any more excuses. Where they get the money from is not your concern but they must have the rent in full on the first of each month. 

Next time they are late serve the pay or quit notice asap. Pay or quit is the tool to protect your business.