Turnkey investing is a catchy phrase that sounds pretty intriguing to investors of all levels of experience. But turnkey is kind of…
Rent collection is probably going to be one of your most gratifying responsibilities as a landlord. It’s a deceptively simple practice—all you have to do is collect money from your tenants at the first of the month (or whatever date is specified by your lease agreement)—and you’ll enjoy the influx of cash however you like.
As a landlord, one of the biggest stressors is collecting rent. Even if it typically gets paid on time, you’re still left with a little anxiety at the beginning of each month. The reality is that it’s just not efficient to collect rent through the mail or in person. If you want to make the… [Read More]
In the past, collecting rent was as simple as knocking on your tenant’s door and collecting the money in an envelope. It’s not so easy today.