5 Strategies For Landlords To Prevent Late Payments

Property managers understand the value of timely rental payments in terms of cash flow. Even the best tenants can have a financial emergency that taps into their rent, but when this happens on a regular basis, it causes cash flow issues & reduces your return on investment.

3 Options Realty, offers premium property management in Alpharetta, can assist you in reducing late payment cases of your rental properties in Alpharetta, GA & nearby areas.

Provide Clear Instructions

Provide clear instructions before signing the lease agreement. Property managers can help you set expectations for your tenants about rent payments from the first day, pointing out when it is due or any late fees: payment options or use of the tenant portal. Aside from rent, take advantage of this opportunity to go through the lease to avoid inconveniences.