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34
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Paul D.
  • New to Real Estate
  • NJ
4
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34
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Collecting Rent from Tenants

Paul D.
  • New to Real Estate
  • NJ
Posted

I have this question here as I am trying to figure out how to go about this top:

What are the 3 most efficient ways to collect rent? 

What are 3 ways NOT to go about collecting rent?

Thanks!

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236
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99
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Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
99
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236
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Jack V. Ospina
  • Real Estate Broker
  • Miami, FL
Replied

@Paul D. Before accepting a tenant you should screen them properly such as verifying employment, credit, clean background. Once they pass the screening you can set up the lease agreement where they automatically deposit the payments into your account either wire, direct deposit, etc. Only works with qualified tenants. If you do not screen your tenants properly this will never work. Good luck!

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