Tip #6 Collections

Tip #6 Collections

Collecting past due rent from your tenants is a job many owners find distasteful. Make sure your lease clearly spells out the consequences for late rent, send your demand notice, and file eviction if you don't get paid. Do not accept partial payments as this starts you down the path of prolonging the inevitable. If you don't have the constitution for evictions, hire a professional property manager.

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