How to Collect Rent in a Timely Manner – Property Management in Chula Vista
Rent collection is one of the most important aspects of San Diego property management. You invest in the property, you place a qualified tenant, and then you expect to have your rent paid on time and in full on a monthly basis.
Consistent Rent Collection Policies
Anyone who has managed a property or been a landlord can relate to a tenant being late on the rent. Usually that tenant will come to you with a story about some unforeseen expense happening like car repairs or an emergency, and they won’t be able to pay. Maybe they will ask if they can pay half now and half of the fifteenth of the month. Everyone hears stories like that. Once you grant them the ability to pay late, you are setting the precedent that it’s okay to do that. Everything comes unraveled and you are chasing tenant every month. That’s not what you had in mind when you decided to rent out a property, so make sure you have a clear rent collection policy in place, and then stick to it.
Get Help from a San Diego Property Management Company
A property management company can help you get rent on time, and you won’t have to spend your time chasing down tenants. We are aggressive with our rent collection services. We also have the ability to offer tenants several different methods of payment. This is done to accommodate the tenants and collect the rent in a timely manner. Tenants can use a credit card, an ACH transfer, or we are open six days a week for walk ins. We also do debit card payments. If we are open and provide our tenants with these methods, there is no reason for why they shouldn’t pay rent on time.
If you’re struggling to get your rent paid consistently every month, contact us at Noble Real Estate Services in Chula Vista, CA. We can be your debt collectors and make a difference in your investment.