3 Clever Ways Technology can Help for Collecting Rent from Tenants

Posted by Steven Williams
3
Nov 29, 2013
2071 Views

electronic transfersIf you are a landlord and have someone living in your rental property, you might be interested in a few clever ways to collect your rent easier thanks to new technologies. Managing your place is a responsible task, which requires time and devotion. Luckily, we live in the era of technologies and they make our life much easier. No matter, whether you want to remind a tenant about the payment of the rent electronically or want him/her to transfer you the money via mobile payments, new technologies are going to help you in man ways. So, all you have to do is to continue reading and find out how to better deal with tenants and payments.

  • Reminders for the Rent

Nowadays, it will be hard to find a person without a sell phone. Even my grand-grand father at our village has one. Therefore, you can use these small gadgets to text the lessees and inform them it is about time to pay the rent. Before that it is a good idea to discuss it with the tenants, to make sure they are OK with that. Some of them might not like the idea of reminding them all the time about the rent. Explain politely that they can also benefit from this. There will be no need to set reminders for upcoming payments and so on. Technologies give us the chance to send and receive messages from cell phones, computers, notebooks, tablets and so on. Pay the rent!

  • Electronic Fund Transfers

In the past the most popular way to pay the rent was by paper check. These days the majority of landlords prefer to make things easier both for them and their tenants and that's why they set up fund transfers via electronic check. With bank transfers and withdrawals your life will be much easier. Imagine you live in another city or in the other part of the city. Why to waste time and resources as online transfers will more than successfully replace the older paying methods.

  • Online Rent Collection Services

Another option you can choose is to refer to online rent collection services. They can do everything you might want from a collection service agency- from transferring funds, sending out rental invoices to calculating late fees and many more. With them both parties will be informed during their business relationship and all transfers will be carried out online.

So, look through these ideas once again and decide which is your preferred method to make your life as a landlord easier. Hopefully the tenants will appreciate it and will keep your property in good condition. Even if they are busy with other tasks, they can refer to experts such as kitchen cleaning from Melbourne specialists. This way both parties will be happy and you will have one proper rental relationship.

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