I also have many tenants who always pay late - do I waive the late fees -- heck no!! Those fees pay my bonus - so far this year that bonus has bought me a new high end laptop!!! Next is a Nintendo Wii.
I have tried to explain to some of these "regulars" that in what they are paying for three months (with rent and fees) they could pay up front 5 months and I would give them the 6th for free. Fortunately they do not listen and I keep getting a fot bonus check every month! Gotta love it.
