How do you deal with late rents?

We begin outreach to delinquent Residents as soon as possible.

If your resident is under a Great Jones lease, their rent will be due on the 1st of each month. While we offer a short grace period, we begin outreach to delinquent Residents as soon as possible and begin posting delinquency notices on the 6th of each month. Typically, once we get a hold of Residents, we are able to recoup payment and get them back on track to paying rent on time. 

 

If your resident is under a lease from a prior property manager, their rent payment schedule will be subject to whatever due date and late fees are listed in their existing lease. Similar to our collections efforts for Residents placed by Great Jones, we are reaching out daily to recoup payment and ensure Residents get back on track to timely rent payments.

 

Great Jones collects 100% of the late fee - click here to learn why.