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Updated over 7 years ago on . Most recent reply

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David Mann
  • Real Estate Professional
  • Leavenworth, KS
7
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Does anyone accept rent payments weekly

David Mann
  • Real Estate Professional
  • Leavenworth, KS
Posted
I am wonding all of the pros ands cons of offering weekly rent payments. How do evictions work? Has anyone had success doing this.

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Melinda Miller
  • Rental Property Investor
  • St. Louis
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Melinda Miller
  • Rental Property Investor
  • St. Louis
Replied

We have a class C 4fam in Missouri with inherited tenants. This crowd can't remember from one Friday to the next what they are supposed to do. The weekly thing works. It sounds like 4x the legwork but it's better than revolving door evictions or constant cash for keys. We have more options AND we paid. 

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