Hi MJK
I self manage.
Former tenants were billed by mail and either paid on the last day posiable or took the penalty interest. One ex tenant is gathering a nice interest bill still
New tenants in one property are emailed a bill and pay by EFT on the last day posiable.
Other tenants are billed by mail and pay on time and even early
Some do have a pay if and when I feel like it attitude, that is why it pays to read the lease and know what big stick you can tap them on the knuckles with, billing them a couple of K in agent fees soon has them finding their online bank accounts
Accountants are the worst offenders IMHO and they will go to court to avoid trying to pay, they will even represent themselves when their own lawyer has told them they are in the $h!t and they should settle /end rant ( appologies to the decent accountants out there )
bundy
I self manage.
Former tenants were billed by mail and either paid on the last day posiable or took the penalty interest. One ex tenant is gathering a nice interest bill still
New tenants in one property are emailed a bill and pay by EFT on the last day posiable.
Other tenants are billed by mail and pay on time and even early
Some do have a pay if and when I feel like it attitude, that is why it pays to read the lease and know what big stick you can tap them on the knuckles with, billing them a couple of K in agent fees soon has them finding their online bank accounts
Accountants are the worst offenders IMHO and they will go to court to avoid trying to pay, they will even represent themselves when their own lawyer has told them they are in the $h!t and they should settle /end rant ( appologies to the decent accountants out there )
bundy