Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
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

Updated over 4 years ago on . Most recent reply

User Stats

76
Posts
28
Votes
Troy F.
  • Investor
  • Asbury, IA
28
Votes |
76
Posts

Payment over due. When do you send an eviction notice?

Troy F.
  • Investor
  • Asbury, IA
Posted

I've owned the property for three months.  It was fully rented when I took it over.  Tenants paid right on time the first two months.  This month two of them did not pay.  I plan to send them a late payment notice.  I did tack on the water bill ($25) and one of the tenants lease expired and requested month to month which increased their rent by $50.  How would you handle this?  I've seen some suggestions to include a notice of potential eviction.  Is there a recommended format for notice of late payment?

Thanks,

Troy

  • Troy F.
  • Most Popular Reply

    User Stats

    3
    Posts
    3
    Votes
    Replied

    Here's the template I use. Just had to send it today as well... 

    December 7th 2020

    Address of rental unit: 

    Tenant’s name(s): 

    Dear [name],

    This letter is a formal notice to you demanding that you make immediate payment of the unpaid rent due under the terms of the rental agreement covering the above referenced property.

    As of December 7th, 2020, your December payment is 7 days past due. Your rent was due on December 01, 2020. In addition, you owe late charges as provided by the lease agreement.

    The following is an itemization of the total amount due:

    Unpaid rent: $

    Unpaid utilities: $

    Late charges: $

    Total: $

    This is a serious situation which requires your immediate attention. If payment is not received by December 9, 2020, collections and/or legal action to enforce your obligations under the rental agreement may be taken.

    I can be contacted if you have any questions or need additional information. My email address is [email] and my phone number is [phone number]. 

    Sincerely,
    [name]

    Loading replies...