Re: Late fee - how to collect - Landlord Forum thread 181413

Re: Late fee - how to collect by # 1 M-bone on July 7, 2009 @22:11

I agree with Micah, late fee is to be paid with the rent. Usually, my tenants call on or before the due date to tell me the rent will be paid on such-n-such date at that time, I remind them to include the late fee and how much in case they don't remember. Usually only have to tell them once that they have to pay the late fee, after that if they are late again in the future, they automatically include the late fee in with the rent. It really isn't hard to enforce the late fee, you just have to request it. Most landlords are not comfortable with asking for the late fee and that's why their tenants don't pay it, they will if you just ask for it. If you don't ask, you don't receive. Tenants will get out of paying it if there is no mention of it.

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