You have heard horror stories from people in the real estate investing business and one of the most common is renters who pay late (or worse, renters who don’t pay at all). How frustrating is that? You probably feel this is out of your hands, and it’s up to the tenants to pay rent whenever they can.
In today’s video, I’m going to answer an avid reader’s question on how to collect rent on time. I will be sharing proactive measures and tips for collecting rent effectively. This can help you take control of your rent collection once and for all.
In the comments below, I want to hear from you:
- Have you ever had to deal with a tenant who pays late?
- What are your tips for collecting rent effectively? Share with us what has worked for you.