Grace Period for Rent
Mike Brewer · · 1 Comment
Why do we offer a grace period? Do we do it that way because that is the way it’s always been done? Because it is standard in the industry? I see it as enabling bad behavior.
I do assume there are property management companies out there that charge late fees on the second if rent is not paid. I would like to hear from you – do you see it as a hinderence to your business?
What does our community think? Leave us a comment.
And, have a compelling weekend. M
Share this:
About Mike Brewer
My mission is to tease out the human potential in the multifamily space.