SherRon Marcek 
When substantial repairs or renovations to your investment property are required, careful planning and budgeting for capital expenses for rentals will save you time, money, and stress in the long run. Before you’ve spent more than necessary, learn how to be prepared. Real estate capital expenditures are a crucial aspect of every professional venture. Understanding rental …
Whether you’re a landlord or a tenant, having great communication is key. Open and effective tenant communication is the best method of attaining a stress-free living situation. Finding ideal tenants can be difficult, but it is up to both parties to maintain a positive connection. When money, valuables, laws, and assets are involved, it’s critical …
If you’re a gig worker, self-employed contractor, or landlord, you’ll want to take note of some changes that may affect the way you handle cash transactions and prepare your rental property taxes moving forward. Payment processing apps like Venmo, Apple Pay, and PayPal have become the go-to method for sending money quickly from one bank …
The adage, “cash is king,” is true for many, but when it comes to rentals “convenience is king.” Here are the rental amenities new renters care about most. If you’re a landlord and reading this, then you’ll want to know which amenities are most in desire and will have your tenants stay with you. What …
With the cold winter months upon us, there are more and more questions about heating. Who is responsible for heating a rental property? What kind of heating? How much heating? What are the laws that landlords and tenants should know? If you have these questions, keep reading to learn about the laws regulating heating in rental …
Well, it’s that time of year. For many of you reading this, snow is coming to your area if it hasn’t already shown up. As a landlord, you may be wondering what the best way is to inform your tenants about snowfall on the property, when they can expect snow removal, or issue a snow …
Property tax revenue is typically used to pay for municipal projects and services like fire departments, police enforcement, community recreation, and schools. Property taxes may be exceedingly expensive for individual homeowners, although these services benefit all residents. The same is true for property tax on rentals. They tend to increase slowly over time, especially when living …
If you’ve already had to hunt down rent payments, you know how frustrating it can be to hear late rent excuses from your tenants. More than half of Americans have paid a bill late. What is the most common reason? They genuinely forgot about it. Whether you’re a landlord or a tenant, paying rent on …
Finding renters and collecting monthly rent are only two aspects of renting out your home. Preparing for all essential and unforeseen rental property expenses is an important part of being a successful landlord. However, learning how to budget and plan for rental property expenses is easier said than done for new landlords or investors. There …
Being a landlord comes with a lot of work. If you’ve never had experience in property management or real estate, you may feel like you’ve been thrown to the wolves. Thankfully, there are a plethora of landlord resources available that provide advice for new landlords. While there are many beneficial services and useful property management …
PayRent is on a mission to build a rent collection app that fosters a positive and productive relationship between renters and landlords. We focus less on transactions and more on the people behind them.
