How to Never Take a Maintenance Request Again.
For over 90% of owners dealing in property investment, maintenance is high on the list of biggest time commitments and biggest headaches. Not only is handling maintenance a distraction, but emergency situations can directly hit the bottom line if they lead to property damage. Dealing with tenant calls, scheduling work appointments, and handling emergency issues […]
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Rent Rescue Featured on The Property Management Brainstorm
Have you ever wondered as a property investor and landlord what would happen if your tenant defaulted, or abandoned their lease? It is uncommon, but it does happen. Every landlord bears some degree of risk and exposure to this area. But, there is a way to protect your rental income if something should occur. Aaron […]
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Should You Charge Tenants a Late Rent Fee?
It’s every landlord’s dream to get a tenant that consistently pays their rent on time. Unfortunately, this isn’t the case for many landlords. How can you ensure that your tenants pay their rent on time? One effective strategy is to require tenants to pay a late fee whenever they are late with their payments. But […]
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Top 5 Online Rent Payment Options
Are you a landlord in search of the best ways to collect online rental payments? If so, you’ve come to the right place! Landlords often face a few common problems. Rent collection is at the top of the list. Why? Well, there’s the issue of chasing down late rent payment. Not to mention the inconvenience […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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