weekly payments lease vs monthly

[David P.]

Hi Every

  Just a quick question does anyone set-up their renters on a one year lease where they pay weekly instead of monthly. I'm looking at a property where they have done this and they told me they make more that way than collecting monthly. I did the numbers and they are correct but I haven't seen this before so not sure if a landlord can do this.

[Leslie A.]

i charge weekly and feel the extra record keeping is well worth the extra income. Plus it coincides with their paydays, so its easier for them to pay, rather than saving up for a monthly rent payment.