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Tag Archives: rent collection in maryland

The Top 5 Ways to Collect Rent From Your Bowie Tenants

Collecting rent from your tenants in Bowie, MD is one of the most important tasks assigned to your property management company. After all, once rent is collected from your tenants, you get paid. Today, we are going to look at some of the steps required to collect rent from your tenants, as well as some […]

5 Tips on How to Decide Your Montgomery County Rental Price

You want to make a profit with your rental property. You want to be competitive. You want to entice tenants that you are the best. You want to be known for having an outstanding rental property. There is much to balance when it comes to setting the monthly rent amount for your Potomac rental property, […]

5 Reasons to Collect Rent Online

Collecting rent from your Howard County tenant is no easy feat.  Especially if you have more than one rental property. Remember, you must keep accurate records of all rent payments accepted and balance any other financial transactions that may dip into this rent collection income for when tax time comes. In the end, this adds […]

What to Do When You Find an Unauthorized Person in Your Rental Property

Discovering that an unauthorized person is living in your Montgomery County rental property can be a very stressful situation. It is your responsibility, as a rental property owner, to maintain the property that your tenants reside in. It is also your duty to ensure that whomever is living in your investment property is authorized to […]

Landlords Beware: How to Avoid Rental Fraud

Rental fraud: What is it and how can Maryland landlords avoid it? For those of you who have yet to experience the horror of rental fraud, we are here to explain to you exactly what it is. Rental fraud is when someone who is not you or your Maryland rental management company claims to own […]

Tips for Determining Your Property’s Monthly Rent Amount

Determining the amount you want to charge for your Baltimore County rental property can be a delicate balancing act. Charge too much and you will surely experience high vacancy rates. Charge too little and your rental property business will suffer in the form of negative cash flow. So, how do you go about deciding the […]

The Pros and Cons of Collecting Last Month’s Rent

Now that you have the perfect tenant for your Howard County rental property, you must decide how much money you would like to collect upfront before you tenant moves in. While charging new tenants first month’s rent and a security deposit is commonplace, the question remains – should you charge last month’s rent as well? […]

8 Ways to Collect Rent from Tenants

8 Ways to Collect Rent from Tenants

Depending on your tenants, collecting rent is either your favorite time of the month, or your worst nightmare. When you have reliable, high value tenants, your investment in rental property truly pays off, but when tenants repeatedly pay late – or not at all – it can take the joy out of owning real estate. […]