collecting rents

[Dustan Marshall]

just recently signed a lease on my first ever rental. So I was wondering How everyone does rent collection.

I planned on more of a personal approach for at least the first few months to check up on the property. Then I may switch to less time consuming. So what do you use?

Also how do you let the Tennant know rent is due? Call text to set up a time? Send an invoice by mail. Or is it spelled out in lease to meet on the first at a specific time.

[Brian Bassett]

Don't pick up the rent in person. It will become your responsibility to track them down every month. Make sure the tenant understands that is there job. You will spend countless hours trying to meet with the tenant!