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Originally Posted by $5 submissions
Very informative post as always, ASM. So true.
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Thanks.
Something people must often keep in mind. Tenants do not like landlords. They do not value your property. They do not care about your bills, and often they think you are taking advantage of them by charging them what you must. They have zero thought on how much it costs you and they just see you as an unfair bill they can often put off every so often. That you are required to take pity on them when shit happens.
Biggest tip I can possibly give, is give your tenants an incentive to pay early and if your legally allowed fine them for being late. A tenant will often really try to pay early if there is a cash break on the rent if paid in full early.