http://www.atemeculapropertymanagement.com/rent-collection-tips-from-the-1-local-property-management-in-temecula/
http://www.RealtyWrks.com/ - Temecula property managers need to make sure that we are doing the correct way of collecting rent, the #1 local property management in Temecula has tips that will help in rent collection. Have an expert Temecula CA property manager by your side, call me, Sidney Kutchuck, today at 951-217-6745.
2. A rental property is profitable when
the cash is flowing smoothly and by
that we mean you are less likely to
have problems if your tenants pay
their rent on time. We have to
admit this is not always the case.
3. Save yourself from stress and hire
the services of the #1 local property
management in Temecula CA. In
addition, experienced property
managers have shared the
following tips on effective rent
collection:
4.
5. ● It starts with screening responsible tenants
Responsible tenants always pay their rent on
time. Make sure that you don’t encounter
problems with delayed rents by choosing your
renters wisely. Screening includes background
checking both their rental history, credit status
and income requirement. If you are able to
choose right at the onset, the chances of you
dealing with rent issues are very slim.
6. ● Have clear rules and consequences
Decide on payment methods and pay periods.
Determine how much allowance you can give
for slightly delayed rents and know when to
prepare for eviction process early on. That is
one great advantage of hiring Temecula CA
property managers. They already have these
rules set up and they are responsible for
clarifying and executing these.
7. For instance, the best Temecula CA property
management may designate the first of the
month as the due date. Payments received
on the next day may be considered late, and
those on the 3rd day may be considered
delinquent. Late payment fees may also be
imposed to ensure there are consequences
for non-compliance.
8. ● Find the most effective payment methods
Rent is typically not paid in cash but there
are numerous other ways to collect
payments. You can opt to receive rents
through checks or online bill payment
systems. Visit www.RealtyWrks.com to
know more about possible methods of
collecting rent.
9. ● Consider simple reward system
If you have consequences for delayed
payments, it would also be nice if you have a
good motivation initiative for those who
consistently pay early or on time. Gift
certificates or actual gifts after paying on time
all year round can make them feel appreciated.
It is also a way for you to keep your good
tenants longer.
10. Do not hesitate to get the best Temecula
CA property management company to
work with you on your rentals. That way,
you can be certain that these rent
collection tips will be applied effectively.
Keep the cash flowing smoothly and keep
the responsible tenants of your Temecula
CA rentals longer.
11. Have an expert Temecula CA
property manager by your side and
you are sure to have less problems.
Call me, Sidney Kutchuck, today at
951-217-6745 or send an email at
sidney@realtywrks.com.