General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 12 years ago,
Collecting Rent?
I'm purchasing my first property and will (hopefully) be renting it very soon. Is the most common method of collecting rent just having your tenant mail the check, requiring that it be received by the first of the month? Do you send them e-mail reminders, or mail them an invoice for that matter, or just hope they remember?
Are there other methods you've used, like setting up electronic payments?