Posted by: phillipsre | January 29, 2015

How To Ensure Your Tenants Pay Rent on Time

Calendar marked to show rent dueAs a landlord or property owner, rent is your income. You count on your tenant’s monthly rent and you count on it to be on time. As landlords, property managers and owners, we know that not all tenants pay on time. This article from All Things Property Management has some great advice on getting your tenants to pay on time. The main thing to focus on for your tenants is: accountability. By communicating with your tenants early on and making sure they are accountable and understand that they will be charged fees or possibly get evicted if they do not pay their rent on time could be all the tenant needs. Additionally, making it easy for your tenants to pay their rent is also helpful, self addressed envelopes that they can pay their rent in, offering a pay online option is also a great feature that Phillips has started offering as well. These options may make the steps a little easier for those tenants that are challenged with being on time.


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