When you purchased an investment property, you likely created a budget that counts on consistent rent to pay for the property’s mortgage and upkeep. Renters don’t always take that into consideration when they stop paying rent, either by skipping town in the middle of a lease or living in the home rent-free until you evict them. A rent collection agency can help, but it’s important to have the right paperwork from the renters from the beginning.
Want to learn from a collection agency CEO the best way to collect rent? Watch our webinar on do it yourself rent collection.