While you may think of online rent payment as a value-added service to offer your tenants, in reality, it offers you a host of advantages as well. By providing you with more options for notifications, more security and fraud protection, and round-the-clock availability and access, you may wonder how you ever managed with manual rent collection, bank deposit, and bookkeeping methods.
As a landlord, it can be difficult to keep track of all of the moving parts associated with managing and maintaining your rental property while improving your relationship with the tenants who rent from you. You may think that adding a new service offering will be time-consuming and add to your already endless to-do list.
As a landlord, you may have a love/hate relationship with the rent due date. While you love what it does for your cash flow, it can be frustrating to actually collect the rent. Whether you’ve been accepting paper checks in person or by mail or using an expensive online invoicing system, rent collection can be a tedious and frustrating process.
For many landlords, the day that rent is due offers both exciting and frustrating possibilities. While you may enjoy seeing your bank account swell with on-time rental payments, you may also be scrambling to determine which tenants are not paying on time and wondering when they will do so.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
Disclaimer: This article is not legal advice. Any legal information is not the same as legal advice, where an attorney applies the law to your specific circumstances, so you should consult an attorney if you’d like advice on your interpretation of this information or its accuracy.
California’s population is at its lowest growth rate in over a century. The Los Angeles Times reports, “From July 1, 2019, to July 1, 2020, California saw a net gain of only 21,200 new residents — a 0.05% growth rate not seen since 1900.” ((Hayley Smith, Hailey Branson-Potts, “COVID-19 drives California population growth to record lows,” LA Times, Dec.
As you decide where you want to live, you might consider renting a house as an option. This choice involves less of a commitment than buying a home as well as less of an upfront financial obligation. But the process of renting a home can also have some significant disadvantages, including the following:
You don’t build up any equity.
