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Rent Collection On Holidays: Landlords Should Plan Ahead

Rental Choice

Rent collection on holidays can be troublesome for many landlords, as they face many challenges in collecting them on time. Since these days are usually the busiest in the year, it may impact the priorities of both landlords and tenants, causing delays in handling holiday rent.

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7 Benefits of Offering Online Rent Payment Options

Beach Front Property Management

Timely rent payments and an efficient collection system are essential to a successful rental property. With advancements in rental technology, offering online rent collection has become easier than ever. Discover the benefits and resources available for setting up an efficient online rent collection system.

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How Long Does an Eviction Stay on Your Record?

Bay Property Management Group

If your eviction involves unpaid rent or other fees, it also may show up on your credit report. Also, if you are enrolled in a program that reports your rent payments to your credit bureau, or if your landlord is able to report them, unpaid rent could make a dent in your credit score.

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Can a Landlord Let Themselves In? Unlocking the Legalities

American Apartment Owners Association

Security deposit Tenants typically provide a security deposit upfront, which serves as a form of financial security for the landlord in case of unpaid rent or damages. Rental payment Tenants are responsible for paying rent on time and in full, while landlords are responsible for providing a habitable living space in return.

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Budget Season: A Strategic Opportunity for Multifamily Rental Growth

American Apartment Owners Association

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation.

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Buying a Tenant-Occupied Property: Essential Tips and Considerations

Real Property Management Chicago

However, don’t assume that a leased property is in good condition or that the tenants are reliable and pay rent on time. Approach the screening as if the tenants were new applicants by performing thorough background and credit checks, and verifying their payment history and references.

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How to Choose the Best Property Management Software for Your Business

Fourandhalf

Look for features that allow you to easily track tenant information, lease agreements, rent payments, and communication history. Automated reminders and notifications for rent due dates or lease renewals can also enhance tenant satisfaction and reduce administrative workload. Maintenance requests can be easily tracked and managed.