SherRon Marcek 
Setting up automatic late fees can really change the game for landlords. In fact, having a hassle-free process for screening tenants, reminding them of payment due dates, collecting rent, and charging late fees is crucial to running your business smoothly (and with fewer headaches). This article will offer some insight into why setting automatic late …
The number one priority for most landlords is to collect rent in full and on time. They are always looking for new ways to make paying rent as easy and hassle-free as possible for the tenants to minimize late payment issues. At first glance, payment processing systems like Venmo seem like great options, as they allow …
Did you know that a majority of renters check landlord reviews before making their final decision to sign a lease agreement? Reputation management is not just good for hotels, restaurants, and hair salons but also for real estate. You read it correctly; as many as 80% of renters actually look at landlord reviews during their …
When we think about inheriting something, we think of money, jewelry, a sense of humor, good looks, and so on. Inheritance comes with a positive view. While purchasing an already occupied property and inheriting tenants can be positive, it can also come with difficulties. Inheriting tenants will test the best of us. If you don’t have …
For every landlord trying to simplify their process for collecting rent, tracking payments is an essential requirement. It’s one thing to collect passive income, but that’s only half of the battle. The other half is keeping track of it all in a comprehensive, easy, efficient way. That’s where the best online rent collection and tracking …
Every landlord should be using an automated rent collection website or app to free up their time, streamline tasks and keep accurate records. There are several apps and websites for rent collection out there, but which one is the best online rent collection app or site? Features of a Great Rent Collection App Not all …
It’s critical that, as a rental property owner, you stay on top of scams and fraud regarding your rental listings. Serious consequences for not doing so can destroy your reputation as a landlord or business and sour relationships with tenants and other people. Unfortunately, there are a handful of different ways that landlords and their …
The amount of time required for landlords to manage rent payments, maintain a property, and deal with tenants (especially during move-ins and move-outs) can be extensive. Automatic services like online rent collection and rent reporting can really be an asset to landlords who want to shave down a lot of their time spent on financial …
As a property owner, it’s your responsibility to understand and comply with the U.S. Department of Housing and Urban Development’s Fair Housing Act. The Fair Housing Act (FHA) was established in 1968 with the main objective of prohibiting discrimination in housing rentals and sales for protected classes of prospective tenants. You also need to abide …
Today, approximately 11 million renters have fallen behind on rental payments. Though the federal government issued $46 billion in rental relief aid, only $3 billion had been used for that purpose. This poses a problem for landlords, who don’t receive the revenue they need to keep their businesses running. In times like these, it’s necessary to …
PayRent is on a mission to build a rent collection app that fosters a positive and productive relationship between renters and landlords. We focus less on transactions and more on the people behind them.
