Reminder to collect rents from delinquent tenants

[Aqil Dharamsey]

Hello fellow BP Investors and landlords. we all experience from time to time tenants that don't pay on time. After adding a lot of properties in the rochester NY area to my portfolio in the last 2 years, it is becoming harder to keep track on who has paid and who still owes rent or has a balance. At the moment I am writing things down on pieces of paper but was wondering if there was some sort of reminders or programs that I can access on my phone on the go. Any input will be greatly appreciated. Thanks! Aqil

[John Sanderson]

Personally, I just keep a spreadsheet of all my properties and units with an area to show rent collected for each unit. I check the PO box at the beginning of the month, and before I even hit the bank, I credit each unit that has paid, so I know who still owes what.

If you need access to this on the go, Google drive is fantastic, you can upload the spreadsheet onto your drive account and just edit it there. If you use something other than a spreadsheet, you could still try using a Google drive, although you may not be able to edit the file depending on what format it's saved in.