Collecting rent every month is generally the bane of every landlord’s existence. From depositing checks to deciding how you’re going to handle late fees, there’s a lot that goes into making sure that you’re getting paid.
This guide covers it all with an in-depth, step-by-step look at what it takes to be a successful property manager. You’ll get the best formula for determining what your rent price should be, tips on how to initiate the eviction process, advice on collecting rent online, and more.
Plus, we answer your most-asked questions like, is it worth it to allow pets? and what’s the best way to raise rent without losing tenants?