Property Management: Collect Late Fees or Lose Control

As a landlord, one of your most important responsibilities is to manage your tenants.  This means two things: 1) getting monthly payments on-time and in-full, and 2) making sure your property is being taken care of.  Generally, property owners who fail are the ones who cannot accomplish one or both of these tasks.  They either … Read more

Having your Management Company Charge Late Rent Fees

Being a property investor and being a landlord is like wearing two hats at the same time within the realty world. It must be remembered that when you purchase rental property, even with hiring property management your responsibilities don’t end there. You need to keep on top of your investments at all times. Often what … Read more

Helpful Tips on How to Avoid Late Rental Payments

Owners of rental properties usually have problems on renters who are habitually late on paying the rent.  In every contract for such kind of business, monthly rent is important in the agreement.  Aside from how much is your rent, the schedule of the payment should be firmly observed by the occupants.  In this line of … Read more

Legal Handling of Late Paying Tenants

Landlords often complain of late-paying tenants.  Despite of all their efforts and actions in collection, still they are left in hang as to when these tenants will actually pay their rental dues.  Tenant will always a thousand and one reasons on why they are not able to pay on time.  Especially now in the middle … Read more

What to do when Tenants are late on Rent?

When your tenants do not pay rent on time, it can be a really worrying problem. When you have certain monthly expenses based on such income, it becomes difficult when the income does not come on time, as it can delay a lot of things for you too. The situation of being late on rent … Read more