Tenant Payments and Rent Collection

The whole point of owning rental properties is to make money. So, once you’ve carefully screened and selected your tenants and they’ve signed a lease, it’s time to start getting paid. Tenant payments start with their initial rent and and security, pet, or other deposits that were agreed to in the lease. Then there is the monthly rent collection that must be accomplished for each tenant in your rental properties. This can become a tiresome and time-consuming labor, especially if you have multiple rentals. The time and effort required can become compounded if you have a renter who is late in paying or has a payment bounce.

Using a Property Management Company for Tenant Payments and Rent Collection

That’s where we come in. Hiring a good L.A. property management company like ClearStone to collect tenant payments and rent can save you a lot of time and hassle. We are aggressive in collecting your rent in full and on time. We’ll also apply late fees for you when necessary. The more rentals you own, the more complex rent collection becomes. Why not simplify your life by hiring ClearStone Property Management to do the work for you?

Methods of Payment

We make it easy for tenants to pay their rent and other payments. Tenants have a choice of three convenient payment options:

  • Mail their rental payments directly to us,
  • Drop their rental payments off at our office,
  • or Make rental payments online.

Offering these three methods of payment means that the tenants can pay on the weekend or after hours, leaving them no excuse for not paying their rent on time. We don’t just collect payments and rent either. We charge and collect late fees, pursue collection of dishonored payments like bounced checks, and can provide eviction services if they become necessary.

Using a Los Angeles property management company can make getting paid a much simpler process. Contact us today to learn more about how we can help you with tenant payments and rent collection.