Don’t Chase Your Rental Payment Down the Rabbit Hole!
Use These Tips to Handle Late Rental Payments “I’m late! I’m late! For a very important date. Yes – late indeed! That rental payment was due on the 1st and here we are on the 10th with nothing but crickets to be heard. And so the story goes. Landlords are too often chasing their rent […]READ MORE
Top 7 Mistakes That Landlords Make During Rent Collection
Two things are necessary for a successful rental business: Good cash flow management Timely rent collection The biggest factor of your cash flow will be your ability to collect rent on time. Without consistent rent payments, many things can go wrong. You may not be able to pay off your mortgage nor afford your property’s […]READ MORE
How to Get Tenants to Pay Rent on Time
Buying a rental property can be a great source of cash flow and capital appreciation. However, as with many other type of investment, receiving payments on time is important. With rental properties, having tenants who not only pay their rent, but also pay it on time is crucial. Without rent coming in, you may be […]READ MORE
The Best Ways to Collect Rent from Tenants
Depending on your tenants, collecting rent can either be your favorite task, or your worst nightmare. Rent is the lifeblood of the rental business. When you have great tenants that pay on time, your rental business will truly take off. However, when you have delinquent tenants who cause all sorts of problems including not paying […]READ MORE
Protect Your Rental Income with Rent Default Insurance
It goes without saying that rent is the heart of a rental business. So much so, that about 59% of landlords believe that steady income is more important than credit history, according to a survey conducted by SmartMove. The fear of tenants not paying rent is the reason why most landlords require prospective tenants to […]READ MORE
How Can I Guarantee My Rent?
Question: What do Santa Claus, the Easter Bunny and the Perfect Tenant all have in common? Answer: They’re all figments of your imagination! While we all like to think that we have the perfect tenant, the harsh reality is that they just don’t exist. You can screen them, check their credit score, get their pay […]READ MORE