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When a tenant is late with rent, address the issue promptly. Use a specific seven-word sentence to encourage timely payments in the future. Keith Weinhold, host of the Get Rich Education podcast and Forbes writer, emphasizes the need for zero tolerance regarding late payments. Begin by posting the state's legal notice detailing the overdue rent and the actions required for resolution. Additionally, communicate informally with the tenant to discuss the legal form and its implications. This approach not only addresses the current situation but also helps establish a precedent for timely payments moving forward.