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what do you do if your tenant is late on rent thats topic of todays show lets dive in a real estate investors welcome to another episode of the ask James wise show here on Holton wise TV this is your show this is the show where we are here answering your questions as always Im your host James wise that is my man Tommy who will be cutting up the footage for you in case I screw something up now todays question what do you do if your tenant is late on rent this is a question that we get from landlords all the time more specifically those brand new landlords out there and the number one thing you need to do is you need to immediately enact a zero-tolerance policy for late rent what that means is you need to set a specific date every single month that if the tenant does not pay by that date you begin your eviction process no questions asked I do not care if your tenant lost their job if your tenant got sick if grandma got sick if their car broke down all of that is e relevant you cann