123 ABC Road, Atlanta, GA 30001
As you may know, prices related to property ownership, including property tax, house insurance and many other expenses, have risen over the past few years. To account for these higher expenses, we are increasing the rent starting July 1, 2015, from $600/month to $650/month. This new rate will continue at least through June 30, 2016.
Also starting July 1, 2015, we will be changing our late payment policy. Rent will be due the first day of the month, and there will be a $10 per day late fee charge after the 2nd of the month, continuing until rent is paid in full.
We hope that this more than 60 days advance notice assists you in your preparations for the rent increase and revised late payment policy.
If you have any questions, the best way to reach me is via text, at (404) 579-0073.
Michael Peng Guo