RECENT BLOG POSTS
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As a landlord or real estate investor, you may be considering accepting cash payments for rent to minimize paperwork and create an environment of convenience. However, the risk involved in doing so cannot be overlooked. From collecting taxes on rental income to deterring potentially risky tenants...
03/14/2023
As a landlord or real estate investor, having reliable access to payments and transparency into rent collection is essential for your organization's success. Fortunately, with the rise of online payment technology, you now have options available to manage payments without sacrificing your need fo...
03/14/2023
If you're a landlord, setting up rent payments through your bank may seem like an ideal way to streamline your financial processes. However, before you make the leap and enroll in such a service, it's important that you understand the pros and cons of setting up rent payments with your bank. In t...
03/14/2023
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As a landlord, it's important to understand the concept of prorated rent and how to calculate it when needed. Prorated rent is partial payment for rental property that reflects the number of days an occupant has used the unit during a certain period. Understanding how to calculate this type of pa...
03/13/2023
As a landlord, it can be tempting to use third-party services such as PayPal or Venmo for collecting rent from your tenants. However, this choice could actually put you at risk! From lack of legal protection to inadequate transaction records, using any type of payment processor beyond traditional...
03/13/2023
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As a landlord or real estate investor, it’s so important to ensure that you receive timely rental payments from your tenants. Late rent fees often serve as an incentive for tenants to make their payments on time; however, in some cases a waiver of such fees may be necessary and beneficial. Not on...
03/13/2023
Making rent payments smoothly and securely is essential for every landlord, real estate investor, and tenant. In a digital age where convenience reigns king, it’s no surprise that some landlords consider offering PayPal or Venmo as an option for rental payments. But before you use either of these...
03/03/2023
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Are you a landlord in need of guidance when it comes to prorating rent for your tenants? Whether you’re an experienced property investor or this is your first time renting out an apartment, calculating prorated rent can be overwhelming and confusing. But fear not: this blog post provides everythi...
03/03/2023
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Navigating tenant late rent payments can be a trying experience for landlords and real estate investors alike. According to recent data from the Harvard University Joint Center for Housing Studies, effective management of tenants’ late payment fees is critical in maintaining steady cash flow and ...
03/03/2023
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As a landlord, you want to make sure that you are collecting rent in the most efficient and effective way possible. In this blog post, we will discuss some of the best ways to collect rent in 2023. We will also provide some tips on how to streamline your rent collection process so that it is as s...
03/01/2023