What do you do when your tenant “forgets” or refuses to pay rent?
Do you evict them immediately? Do you hire someone to nag them into paying rent? Do you find creative ways to shame them into either leaving your property or paying? Believe it or not, I’ve heard of landlords posting signs that say things like “Joe Bagadonuts” hasn’t paid rent in months! What a slacker!”
It sounds funny (and it kinda is), but rent collection can be a huge challenge for landlords – and a huge headache.
Now, I’m not suggesting you go down any of these roads if you’re a landlord struggling to collect, and your ability to evict really depends on certain laws in your area. But there might be a better solution for you.
One Quick Way to Automagically Collect Rent
This Tech Tip Friday lesson is for all you frustrated landlords out there, as you struggle…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.