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Re: Late fee - how to collect
by # 1 M-bone
on July 8, 2009 @11:36
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My tenants know that I would rather have the rent on time than to get an extra 10% because I tell them that. If they must pay late, then they must be accountable and pay the late fee. You as the landlord do not take the blame because your tenant can't pay their rent on time. You have to teach them that they have to blame themselves for their own mishandeling of their own finances. How are you the bad guy and why would you feel that tenants should hold a grudge and blame you because you enforce what your lease says?
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