SherRon Marcek 
Managing all of the paperwork that goes into a rental unit can feel overwhelming. In the digital age, it’s tempting to let essential paper trails fall by the wayside in favor of digital versions of all of the traditional paperwork. Physical copies of these documents are safer than their digital versions and don’t take up …
Your property and ability to rent it is your primary investment and income. Your ability to develop the asset and live the life you want depends on your ability to collect rent and collect it on time. Online rent collection allows you to protect your business. It enables tenants to make timely payments, partial payments …
Are you looking for options to make rent payment easier for your tenants? Remember, the easier it is for your tenants to pay rent, the better for you to collect rent on time, reduce late payments, and keep your cash flow steady. Continue reading to learn more about the pros and cons of bi-weekly rent …
RentCred ™ is an incentive program for renters that rewards them for consistently paying their rent on time through PayRent.com. As they build a payment history with us, they earn the ability to borrow up to $500 as an installment loan for emergency rent payment and to report their rent payments to credit bureaus to …
Domestic violence is a relentless issue in the U.S., affecting tenants and landlords. Here are some statistics directly from the National Coalition Against Domestic Violence (NCADV): In the U.S., more than 10 million adults experience domestic violence annually On average, nearly 20 people per minute are physically abused by an intimate partner in the U.S. 1 …
There are many reasons you may need to reach a tenant: past due rent, routine maintenance or inspection, or an eviction notice. Rental relationships depend on good landlord-tenant communication. Given modern life’s hectic pace, their response may be slow. However, it’s a problem if you don’t hear from them after multiple attempts. Try to be understanding …
Keeping your rental units occupied is a priority; however, not all tenants are good, so you want to choose wisely. Some are problematic: late with the rent, disruptive to neighbors, destructive with property, etc. Once bad tenants are in, they could be there a year unless you evict them; however, that takes weeks and could cost thousands …
While you want to fill rental spaces promptly, you also want good tenants who stay. Bad tenants are late with the rent, damage property, and bother their neighbors. Moreover, it can take up to 12 months to clear them out if they follow the letter of their lease. According to a TransUnion survey, evicting a …
Real estate investors have long debated whether single-family homes or multi-family homes are the better investment. A single-family home is just what it sounds like, a traditional house for a single-family. A multi-family property houses many families in apartments, duplexes, triplexes, or condos; owners hold the property and rent it out. For many investors, investing in single-family …
Landlord thermostats are a style of thermostat that landlords can install in apartments to remove control of the apartment’s temperature from the hands of the tenants and place it firmly under the landlord’s power. While landlords may find this appealing for some reasons, many tenants are not so keen on losing this control. Although these …
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.
