The best way to ensure your rent is paid on time is by carefully screening your tenants, and only renting to individuals who have a record of on-time rental payments and responsible tenancies. Having consistent rental collection policies in place will also help you get your rent in when it’s due. Make sure your tenants understand that you take this seriously.
At Castle Property Management, we have a zero-tolerance policy for late rental payments. If rent is late, we do not hesitate to begin the proceedings that may eventually lead to eviction.