There’s always one thing on a landlord’s mind at any time, summer or winter, beginning of the month or middle – cashflow. Sure, there’s new legislation, a tighter grip on rental housing, more complications to tenant screening. There’s the ever-present worry that the water heater will break, flood one’s precious hardwood flooring or carpet, and cause molding. Even with the most elegant and elaborate rental property possible in a place with simple screening laws, a landlord will always have at least one eye watching their accounts each month. Fortunately, this is 2021 and there are some great ways to feel confident about renters paying on-time.
Humans can just be forgetful, and sometimes remembering the date is a bit more complicated than remembering the day. Setting up automatic rent payments can be easy, and your renters won’t have to worry about late fees (which you can also automate) or taking a hit to their credit (if you’re reporting their payments). Website, such as PayRent, that offer automation will oftentimes design it to be easy-to-use so you can customize the things you want to automate without having to know much about automation.