Collecting Rent

It never fails!  There are just a certain percentage of the population that have a tough time paying rent!  When I was renting houses rent was my single biggest bill and one that was on my radar for weeks in advance.

But many people take a very casual attitude towards housing.  It’s like sleeping under a bridge is an acceptable alternative!  I just don’t get it.

Rent is due on the 1st and late on the 6th.  I play good landlord – bad landlord around the first of each month.  Pay your rent or tell me you will be late by the 5th (and what day I can expect the rent) and I am Mr. Good Landlord.

Forget about rent or make me call you on the 6th and I am Mr. Bad Landlord.  Part of it is respect.  Uh….hello?  Did it just happen to slip your mind that you are 3 days away from sleeping under a friggin’ bridge?!!! 

Most renters are good people.  But some are like little kids.  You have to remind them; prod them; whine at them.  I am not good at that.  So instead, I just give notices — 3-day Pay Rent or Vacate Notices.  10-day Notice to Comply notices.  These have become my allies in the fight to collect rent.  And they work pretty good!!

For the complete story on our approach to property management, visit us at www.fullservicepm.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s