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rationale for collecting late rent

Rationale for Collecting Late Rent

The rent-collecting process begins even before the resident moves in. When giving a new tenant final instructions about moving in, make sure they understand the contract that was made between them and the property. Their part of the contract is to pay their rent on or before the 1st of every month, and in exchange,…Read More

How to Serve Tenants Who Pay Late

How to Serve Tenants Who Pay Late

Here are 11 tips on how to proceed when your tenants are late on the rent payment: 1. Rent is due on the first, late on the second, and the tenant should be served with a Pay or Quit notice on the fourth. 2. All residents with any amount of rent due are served a…Read More