Property rental is one of the best ways to make a short term income from your long term investment. And the more properties you own, the more demands on your time you’ll have. That’s where property management software can release you from this burden. Read on to find out why we believe that property management software can really benefit landlords: (more…)
Bookkeeping Blog
7 Ways Property Management Software Can Benefit Landlords
Thursday, November 26th, 2009My tenant has stopped paying rent – what can I do?
Saturday, November 21st, 2009One of the downsides to being a property landlord is that occasionally a tenant skips their rent, and it leaves you not quite knowing what to do.
So you ask your friends, and maybe in a few forums, and what answers do you get?
* Change the locks – it’s your property!
* Camp outside the property until they pay!
* Spend their deposit!
* Kick them out!
* Take them to court!
Pretty emotional answers to what amounts to a very emotional situation – after all, this is your house they’re living in and your money that’s not gone into your bank account!
But where do you stand legally? If your tenant hasn’t paid their rent, what can you as a property landlord do? (more…)
