What to Do When a Tenant Won’t Pay Late Fees in Houston
What to Do When a Tenant Won’t Pay Late Fees in Houston
Late fees are designed to encourage tenants to pay rent on time. Though a late fee won’t make any difference among tenants who genuinely don’t have the money, there are other reasons tenants pay late. Late fees can be a deterrent for those situations. Why would someone not pay the rent on time when they... [Read More]
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Late fees are designed to encourage tenants to pay rent on time. Though a late fee won’t make any difference among tenants who genuinely don’t have the money, there are other reasons tenants pay late. Late fees can be a deterrent for those situations. Why would someone not pay the rent on time when they... [Read More]
Late fees are designed to encourage tenants to pay rent on time. Though a late fee won’t make any difference among tenants who genuinely don’t have the money, there are other reasons tenants pay late. Late fees can be a deterrent for those situations. Why would someone not pay the rent on time when they... [Read More]
The process of renting an apartment comes with a laundry list of tasks and fees. You have to apply and pay an application fee after filling out an apartment application. Once approved, you may need to come up with a move-in fee, security deposit, administration fee, and other possible charges – as well as the first and last month’s rent. These fees can add up quickly. It’s worth it to take time to get familiar with standard administration fees and what they cover, along with local landlord...
The process of renting an apartment comes with a laundry list of tasks and fees. You have to apply and pay an application fee after filling out an apartment application. Once approved, you may need to come up with a move-in fee, security deposit, administration fee, and other possible charges – as well as the first and last month’s rent. These fees can add up quickly. It’s worth it to take time to get familiar with standard administration fees and what they cover, along with local landlord...
Q: Two years ago, my wife and I got a roommate to share the rent-stabilized apartment in Manhattan that we’ve lived in for 40 years. A year ago, he stopped paying rent for his room — he didn’t claim job loss or another hardship, he just refused to pay. We do not have a written agreement with him, so we asked him to move out, but he refused. We hired a lawyer, but our claim could not proceed because he applied for the Emergency Rental Assistance Program, and that case is still pending. He h...
Q: Two years ago, my wife and I got a roommate to share the rent-stabilized apartment in Manhattan that we’ve lived in for 40 years. A year ago, he stopped paying rent for his room — he didn’t claim job loss or another hardship, he just refused to pay. We do not have a written agreement with him, so we asked him to move out, but he refused. We hired a lawyer, but our claim could not proceed because he applied for the Emergency Rental Assistance Program, and that case is still pending. He h...
Keeping renting out properties long enough and you’ll encounter junk abandoned by your tenants. Deni and Brian break down what to do when you discover your renter moved out and left behind trash, furniture, and more. Video Broadcast Version Audio Podcast Version Also available on iTunes, Stitcher, and wherever else you listen 🙂 Resources Mentioned in This Podcast & Video: Want to compare investment property loans? What short-term fix-and-flip loan options are available nowadays? How about ...
Keeping renting out properties long enough and you’ll encounter junk abandoned by your tenants. Deni and Brian break down what to do when you discover your renter moved out and left behind trash, furniture, and more. Video Broadcast Version Audio Podcast Version Also available on iTunes, Stitcher, and wherever else you listen 🙂 Resources Mentioned in This Podcast & Video: Want to compare investment property loans? What short-term fix-and-flip loan options are available nowadays? How about ...
What Do You Do When a Tenant Dies in Your Property?
Mick Lefort
Mon, 12/04/2017 - 09:43
Landlords Run Into Interesting & Tough Situations Often. Property Management Professionals Can Help You Learn The Proper Responses.
Read more about What Do You Do When a Tenant Dies in Your Property?Add new comment
What Do You Do When a Tenant Dies in Your Property?
Mick Lefort
Mon, 12/04/2017 - 09:43
Landlords Run Into Interesting & Tough Situations Often. Property Management Professionals Can Help You Learn The Proper Responses.
Read more about What Do You Do When a Tenant Dies in Your Property?Add new comment
Association fees are a necessary part of living in most condominiums, apartments, and townhomes. They keep the common areas clean and running smoothly, and they help to pay for important repairs and maintenance. But what exactly do association fees cover? An association fee is a periodic charge that owners of units in a residential development must pay to the homeowners’ association (HOA). The HOA is a legal entity created by the developer and turned over to the ownership upon completion of th...
Association fees are a necessary part of living in most condominiums, apartments, and townhomes. They keep the common areas clean and running smoothly, and they help to pay for important repairs and maintenance. But what exactly do association fees cover? An association fee is a periodic charge that owners of units in a residential development must pay to the homeowners’ association (HOA). The HOA is a legal entity created by the developer and turned over to the ownership upon completion of th...
In construction, late payments are common, and it takes considerably longer for construction businesses to get paid. For construction businesses, the average daily sales outstanding (DSO)—the time it takes to collect on invoices—is 60 days. The general DSO average across various business sectors in the United States is 45 days.
In construction, late payments are common, and it takes considerably longer for construction businesses to get paid. For construction businesses, the average daily sales outstanding (DSO)—the time it takes to collect on invoices—is 60 days. The general DSO average across various business sectors in the United States is 45 days.
It can be frustrating when association members don’t pay their dues on time, or at all. If multiple members are behind on payments, this can create financial difficulties for the association and may impact its ability to provide services or run programs. Here are some recommendations for dealing with this situation: 1. Communicate with members who are behind on their dues. Send a reminder notice or make a phone call to remind them of their outstanding balance. 2. Be understanding of members wh...
It can be frustrating when association members don’t pay their dues on time, or at all. If multiple members are behind on payments, this can create financial difficulties for the association and may impact its ability to provide services or run programs. Here are some recommendations for dealing with this situation: 1. Communicate with members who are behind on their dues. Send a reminder notice or make a phone call to remind them of their outstanding balance. 2. Be understanding of members wh...
Tenant Wants To Move From One Apartment To Another? What Do I Do?
Mick Lefort
Wed, 12/22/2021 - 05:01
Should You Let Tenants Swap Apartments Within Your Rental Property?
At Nexus Property Management®, we are all about adding value for tenants and encouraging our clients to create win-win relationships when it comes to maintaining their properties and the people in them.
Read more about Tenant Wants To Move From One Apartment To Another? What Do I Do?Add new comment
...
Tenant Wants To Move From One Apartment To Another? What Do I Do?
Mick Lefort
Wed, 12/22/2021 - 05:01
Should You Let Tenants Swap Apartments Within Your Rental Property?
At Nexus Property Management®, we are all about adding value for tenants and encouraging our clients to create win-win relationships when it comes to maintaining their properties and the people in them.
Read more about Tenant Wants To Move From One Apartment To Another? What Do I Do?Add new comment
...
Millions of Americans inside and outside of cities rent rather than own their homes. As a result, tenants and landlords have a complex legal relationship. Both parties are granted exclusive rights concerning the property they technically share. Both parties must have awareness of these rights to properly co-exist within their lease agreement. If you’re a landlord of a rental property and don’t know what a landlord cannot do within a tenant’s space, you can easily sign yourself up for lega...
Millions of Americans inside and outside of cities rent rather than own their homes. As a result, tenants and landlords have a complex legal relationship. Both parties are granted exclusive rights concerning the property they technically share. Both parties must have awareness of these rights to properly co-exist within their lease agreement. If you’re a landlord of a rental property and don’t know what a landlord cannot do within a tenant’s space, you can easily sign yourself up for lega...