Dealing with late rent payments can be frustrating and costly for landlords, especially when it’s a recurring problem. Late rent payments can even lead to more significant hassles, like going through the eviction process. That’s the last thing you want to deal with as a landlord! If you’re getting late rent payments from your tenants, […]
Tag Archives: different methods to collect rent money
Rental properties can be extremely profitable. However, there must be a steady income stream through on-time rent payments. As such, it’s crucial that tenants pay rent on time, month after month. As a landlord, there are several things you can do to encourage tenants to pay rent on time. Today, we’ll review the importance of […]
When it comes to paying rent, many tenants believe it doesn’t matter how they send the money. As long as the money leaves their bank account, rent is paid. However, that’s not always true. Unfortunately, things can happen, and payments can get lost, leaving someone–either you or your landlord–responsible. If you want to avoid any […]
With today’s technology, consumers have several different ways to pay for goods and services. For instance, many transactions are done online using peer-to-peer payment methods like Venmo or PayPal. However, although these are great ways to send money to friends and family or pay bills online, there are some risks when it comes to paying […]