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Tenant Owes $21,000 in Late Fees: Court Rules in Landlord’s Favor

American Apartment Owners Association

In a ruling that could reshape how landlords approach late rent fees, the Kansas Supreme Court last week upheld a district court’s decision requiring a tenant to pay over $21,000 in late fees for missed rent payments dating back to 2020. Foster had rented a single-family home from landlord John Schutt starting in 2018 for $1,900 per month.

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Rent Collection: What The Best Property Managers Do To Get The Most Money For Their Client

Property Management Inc.

October 9, 2018 Maintaining a reliable cash flow is key to obtaining maximum profit for rental property owners and the greatest factor in reliable cash flow is the ability to consistently collect rent on time. These steps are effectively marketing and advertising the rental property and performing a thorough tenant screening.

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Rental Scams: What Property Managers Must Do To Prevent Listing Fraud

Property Management Inc.

The victims of listing fraud want their money back and obviously won’t be happy about being turned out on the street, while your tenants want their new house. According to a July 2018 survey by Apartment List, 6.4 If you’re a tenant, take a look at other properties in the area to see how believable a listing sounds.

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Tenant Screening: What The Best Property Managers Do To Get The Most Money For Their Client

Property Management Inc.

September 11, 2018 If a property management company has marketed a property effectively , they will soon have a stack of applications to review and a number of potential tenants. There are four basic questions that need to be answered about a prospective tenant in order to determine if they are a good fit for the property.