Rent is late.

June 13th, 2007 by Grant in: Rental Property
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It is now June 13th, and I have yet to receive rent for June, due on the 1st.

This will be the first time I have ever had a problem collecting rent from these tenants, and I think I know why.

Postage.

stampBack in the middle of May, postage went from $0.39 to $0.41 per stamp. Throw a thirty-nine cent stamp on an envelope, and you’ll probably see your mail back in your own box within a couple weeks.

After a phone call to the tenants, they indicated they mailed the check two days before it was due. I asked whether they put the correct postage on the envelope, and the response was…. uh, why?

Go figure…

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