SherRon Marcek 
Life isn’t always easy, and sometimes we make mistakes. Unfortunately, these mistakes can sometimes show up as tenants paying their rent late. Landlords must treat late payments with an even hand, in a businesslike way, and clarify the situation for tenants, so there is no confusion. Giving notices of past-due rent matters for both landlords and …
Looking to maintain your good credit or increase your credit score to “good” or “excellent?” If you’re a tenant, don’t assume that your rent payments can’t help you with your credit score because they can! Times have changed. According to Census data, in the first quarter of 2020, 34.7% of homes were rented. This number …
These days a good credit score will open doors to many opportunities and discounts, but building a good score takes considerable time and effort. Home-owners reap the benefits of making their mortgage payments on time, but what about renters? Does paying rent build credit? Let’s take a look. What is credit, and why does it …
Boats, jet skis, and other boathouse rentals have risen in popularity over the past year. As people look to explore their outdoor opportunities, you have the chance to provide them with the supplies they need. If you want to upgrade your boat slip rental management, consider the benefits of your industry’s new digital elements. When you …
As homeownership becomes more and more unattainable for many, rent (like taxes) seems inevitable. However, just because rent is a consistent necessity doesn’t mean that all of your tenants will pay their rent on time. If you’re looking for new ways to get your tenants to pay their rent promptly, consider the benefits of an …
When it comes to protecting your investments, you have more than a few tools at your disposal. Both LLCs and trusts can help you make the most out of a rental property. That said, choosing which of these means to take advantage of can be a challenge, especially if you’re not entirely clear on the …
If you want to create a distinct separation between your investments and your personal funds, consider creating an LLC for rental property. LLCs afford their owners certain business protections while also making it easier for you to stay on top of your properties’ needs. What Is an LLC for Rental Property? An LLC is a …
Furnished rentals hold significant sway over the housing market, but they’re not for everyone. Landlords deliberating whether or not to include furniture with their rentals may find themselves wondering, will furniture get stolen? Will tenants damage furniture deliberately? What do start-up costs look like? The good news is that, over time, furnished rentals tend to …
One of the best ways to see success in the real estate industry is to invest in properties and rent them out properly; essentially becoming a landlord. However, as many of you already know, being a successful landlord requires a lot of expertise that a new landlord may not have. Therefore it is incredibly essential …
Leasing land is often more complicated than investors and tenants believe. When you first go to release land to someone else, you have to calculate not only its value but what kind of income it might net you. Tenants must also weigh the value of the land against rent, all the while determining whether or …
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.
