When you manage your own rental property, you get paid when your tenants pay the rent. This seems pretty simple and straightforward, but a lot of owners get frustrated when rent is late and excuses are provided and it’s hard to get tenants to communicate or pay late...
Having a tenant who is late with rent payments is stressful, but the process does not have to be difficult to manage. If you have a professional and respectful relationship with your tenants, you should be able to talk about a positive resolution to the problem....
