Hide Sentence into the Late Rent Notice

Aug 6th, 2022
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How to Hide Sentence into the Late Rent Notice

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[Music] when your tenant is late with paying you the rent heres what you do you nip the problem in the bud and Im going to give you the exact seven word sentence that you use in order to help ensure that you get the rent paid this month and to help ensure that you get regular monthly tenant rent payments on time thereafter hi my name is Keith Weinhold Im the host of the get rich education podcast the show thats created more passive income for people than nearly any other podcast in the world Im a writer for Forbes and I own get rich education comm when the tenant is late with the rent you cant have any tolerance for that now you need to go ahead and post your tenant with your states legal form that shows the rent amount thats past due what that tenant needs to do in order to get the redcurrant again and so on but outside of that you often have a chance to communicate informally with that late paying tenant and heres what you say to that late paying tenant about that legal form

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California law states that a late rent fee should be reasonable, though it does not set any restrictions when it comes to a maximum late fee for rent. Generally, a reasonable late rent fee in the state is considered 5% to 10% of the cost of rent, with most California landlords charging 5% for any late rent payments.
Georgia law allows a landlord to evict a tenant for not paying rent on time. You must give the tenant notice that rent is due and the tenant must refuse to pay the rent before you can file an eviction lawsuit with the court.
There is no Georgia law forbidding late fees or limiting the amount that landlords can charge. No. There is no Georgia law requiring a grace period before assessing late fees.
I understand that my late payment may have negative repercussions on your financial situation, and Im very sorry for the inconvenience. Im working diligently to ensure this never happens again.
The best way to make sure your eviction doesnt end up on a tenant screening report is to have a judge seal or expunge that record. Call your local legal aid office to get an attorney to help you with this. You can also make an agreement with your old landlord not to report the eviction.
To date, we have not received your full monthly rent payment. Please understand that failure to pay rent is the most frequent cause for tenants to lose their housing, and we are concerned about the balance due from you. Presently, you have an amount due of $. Please pay this amount immediately.
The Late Fee Fairness Amendment Act regulates the late fees that landlords may charge tenants. The Act says: A landlord can only charge a tenant up to 5% of the rent as a late fee. If a tenant receives a rent subsidy, the late fee has to be calculated based on the tenant share of the rent.
You must pay your rent on the date stated on the lease and agreed upon by you and the landlord. A grace period is a matter of agreement between you and the landlord. There is no law that says there must be an agreement that allows you extra time to pay the rent without bdocHubing the lease or rental agreement.

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