So it’s Friday July 29th and all the rents are in. That’s what happens when you train your tenants correctly from the beginning. Rents are due on the last working day of the month…no exceptions. We have never had rents due on the first of the month and there are many reasons for that.
We also have a really tight lease which lays out all of the things the tenant is required to do to maintain the property including mowing and trimming bushes and putting out trash regularly.
On the other hand we also take good care of our real estate investment properties since we look at these as our retirement income. Because of the way we handle our rentals by putting the right tenant in the property in the first place, many of our tenants stay with us for years and years. This is a good way to create long term income from your rental properties.
If you are a real estate investor and you are looking to find more properties to rent, flip or wholesale be sure and check out my website at www.marketingmagiclady.com While you are there be sure and sign up for me free monthly newsletter!!