What is your “Late rent criteria”

What criteria do landlords have for rent being on time or late?

If it is due on the 1st do you have a grace period?

Do you accept a postmark for rent that is mailed?

When must you have the rent if the 1st falls on a Sunday or Holiday?

Do you have a drop box (hopefully not for cash! Checks & money orders only).

Is the box in view of your security camera DVR system?

When do you contact the tenant if it is not received and when do you give the 3 day notice?

Is your late fee the $15 or $20 per day or the old $10/day.

Do you have a discount disguised as a late fee or a late fee that is over the legal maximum?

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