One of the most tedious parts of being a landlord can be collecting rent. Even when you have great tenants who are able to pay rent, there can be small obstacles that stand between you getting paid on time and needing to chase down rent. How can you easily improve rent collection at your rental properties?
As a landlord, you can elect to rent your properties for any length of time. While some landlords thrive on multi-year rentals to loyal tenants, others experience great success in offering month-to-month leases. When you rent your properties, should you choose long-term or short-term leases?