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Tag Archives: rent payment policies

How to Ask Your Landlord for Rent Relief Options

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Many people experience hardships, and some cannot pay their rent on time each month, especially with today’s rental rates and cost of living. If this sounds like you, we understand that it can be difficult. However, rent relief options may be available to you. Today, we’re discussing common reasons tenants need help paying rent, how […]

How to Handle Tenants Who Don’t Pay Rent

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If you own a rental property, you know how crucial it is to receive on-time rent payments. However, you may get a tenant here or there that doesn’t pay on time–or at all. These situations are frustrating, but handling them the right way is important so you don’t face legal trouble as a landlord. Today, […]

How to Handle Partial Rent Payments

If you’ve been a landlord for a long time, chances are you’ve had tenants ask to make partial rent payments. While the situation is never ideal for landlords, there may be some circumstances where you let it slide. Today, we’ll review what constitutes a partial rent payment, whether or not landlords should consider them, and how to […]

Should You Allow Tenants to Pay Rent With a Credit Card?

There are several ways to pay rent, whether you bring a check to your landlord or pay online using a debit or credit card. That said, there are pros and cons to each method. Seeing your landlord or property manager in person and handing them a check for your rent payment can make you feel […]

Strategies for Dealing With Late Rent Payments

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Owning successful rental properties requires finding tenants who pay rent on time. After all, consistently late rent payments can put a dent in your rental income, affecting your entire rental business. As such, it’s of utmost importance for landlords and property managers to find qualified tenants and have rent payment policies in place. However, unfortunately, […]

Why Landlords Should Report Rent Payments to All 3 Credit Bureaus

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Building credit and maintaining a good credit score is an integral part of life. After all, you need good credit to get a mortgage, student loans, car loans, and more. Without a good credit score, it can be difficult to get these things. Luckily, there are several ways you can build credit, including paying rent […]

Why Venmo and PayPal Are Not the Best Way to Collect Rent

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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 […]

Rent Payment Policies and Rent Collection Software for Landlords

Rent Payment Policies and Rent Collection Software for Landlords

As a landlord, success often hinges on receiving timely and complete rental payments. Therefore, creating comprehensive rent payment policies will help streamline operations and ensure you have the best chance of receiving all payments due. So, join us below to review how to create rent payment policies and some software options to make a landlord’s […]