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Updated over 6 years ago on . Most recent reply

User Stats

34
Posts
4
Votes
Paul D.
  • New to Real Estate
  • New Jersey
4
Votes |
34
Posts

Collecting Rent from Tenants

Paul D.
  • New to Real Estate
  • New Jersey
Posted

I have this question here as I am trying to figure out how to go about this top:

What are the 3 most efficient ways to collect rent? 

What are 3 ways NOT to go about collecting rent?

Thanks!

Most Popular Reply

User Stats

236
Posts
99
Votes
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
99
Votes |
236
Posts
Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
Replied

@Paul D. Before accepting a tenant you should screen them properly such as verifying employment, credit, clean background. Once they pass the screening you can set up the lease agreement where they automatically deposit the payments into your account either wire, direct deposit, etc. Only works with qualified tenants. If you do not screen your tenants properly this will never work. Good luck!

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