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Updated over 3 years ago on . Most recent reply

Ishmael Johnson's profile image
Ishmael Johnson's profile image
Ishmael Johnson
  • New to Real Estate
  • from New York
  • Member since Oct 24, 2020
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User Stats

196
Posts
29
Votes
Ishmael Johnson's profile image
Ishmael Johnson's profile image
Ishmael Johnson
  • New to Real Estate
  • from New York
  • Member since Oct 24, 2020
Connect
Ishmael Johnson
  • New to Real Estate
  • New York
29
Votes |
196
Posts
Managing Your Property

How should notices and late fees be handled regarding rent ?

Ishmael Johnson
  • New to Real Estate
  • New York
Posted

My tenant has been late on rent since before Covid. She gets a portion of her rent from her church, not to mention it’s below market rate for her unit. She has a five day grace period from the 1st to the 5th.

How should i contact her after the 5th day and how should a late fee be applied and collected ?

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