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When a tenant is late with rent, address the issue promptly. Use a specific seven-word sentence to encourage timely payment. Host Keith Weinhold, from the Get Rich Education podcast, emphasizes the importance of having zero tolerance for late payments. First, post the state’s legal notice outlining the overdue rent amount and required actions. Additionally, communicate informally with the tenant about the legal notice to reinforce the need for timely payments. This approach aims to ensure rent is paid this month and consistently in the future.