Landlord Question and Answer Forum

I have a tenant that got behind on there payments about 3500 dollars but they are trying to pay me , what would be a consevative payment plan that is fair , they have paid me the last 6 months on time
Donald G, MA on Sunday, March 14, 2010
RE: payments
I am not sure how many months behind they have gotten for $3500. If it is more than one or two, I think I would be more agressive in my payment plan approach. I would not enter into any payment plan without it put in writing. Perhaps split the total to 4 months and add that amount to their regular monthly amount. I would make sure they knew that this is the last arrangement made and if it is not honored - eviction will be sought.
Posted by Donna , NC on Tuesday, March 16, 2010
RE: payments
I like Helen's approach.. Split the 3500 into 4 payments or whatever and add it to the regular rent.
Posted by Anthony F, FL on Tuesday, March 16, 2010
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