Monday, December 05, 2005

Collecting rents - What we do. . .

Collecting rents - What we do. . .: "I was very surprised to see a couple people leaning toward the idea that you need a gun to collect rents if you own a rental property. I just wanted to offer a bit of insight as to what we do as far as collecting our rents (12 unit bldg).

First of all our building is in an OK neighborhood. Not perfect, but at the same time a mother can push her child in a stroller down the street and feel fine. From day one we met with each tenant and gave them our P.O. Box address and six months worth of addressed / stamped envelopes for the payment of their rent. Without exception everyone transitioned "
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