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Updated about 7 years ago on . Most recent reply
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How do you get your rent?
So I have 2 duplexes in a city about a half hour away from where I live. My lease gives tenants a 4 day grace period to pay the rent. I always call the day before the first of the month and let them know that i'll be coming to the city to get rent tomorrow (the 1st). Rarely, they all have it and are actually home to give it to me but most of the time, I have to go get rent from a few of them, then go back a day or two later to get the rest of them. I don't mind going there once a month to check on the houses but it's becoming more like 2-3 times a month trying to get rent from 4 people.
My friend/mentor said that he always goes to the houses and collects rent. I kind of just followed his guidance but what a pain in the rear. Do you have your tenants mail you the rent? pay online? or do you go and get it?
curious at what the majority does...
Most Popular Reply
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"As long as the man gets paid what is your problem."
I don't have a problem Brian posted with a problem. I answered by explaining he created his own problem, how he created it, what the results of his actions are and how he needs to correct it. He asked, I answered. You do not have to agree.
If your happy being a lap dog for your tenants to abuse that is fine by me but don't expect all landlords to be grateful to tenants that pay when it suites them. If you are not happy with my comments you are more than welcome to ignore them.