Property management companies are motivated to keep rent payments coming in on time, because the company deducts their fee from the monthly incoming rents. Consistent collection, including following up on late payments and assessing late fees can be key to ensuring a higher percentage of rents come in on time, and management companies are more likely to enforce lease policies if payments are not received. Property managers are also experienced and have procedures in place to deal with tenants who are either consistently late on rent payments, or stop paying their rent at all.
Property Management, Property Managers
PROPERTY MANAGERS WILL MAKE YOU MORE MONEY IN THE LONG RUN.
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