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The Key to On-Time Payments with Tight Leases and Firm Policies

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Manage episode 429677640 series 2503323
Content provided by Jay Helms. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jay Helms or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I dive into a critical aspect of property management: ensuring your residents pay rent on time. It's not just about having a simple solution—it's about implementing a comprehensive process that has proven effective for us over the years. Discover the two essential components that contribute to our success: tight leases and adopted policies that lead to trained tenants. I share insights on crafting leases that legally enforce timely rent payments and explain why having clear policies is crucial for maintaining consistency and avoiding exceptions. Join me as I break down our approach to late fees and the specific steps we take when tenants fall behind on rent.

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Connect with Jay:

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137 episodes

Artwork
iconShare
 
Manage episode 429677640 series 2503323
Content provided by Jay Helms. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jay Helms or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, I dive into a critical aspect of property management: ensuring your residents pay rent on time. It's not just about having a simple solution—it's about implementing a comprehensive process that has proven effective for us over the years. Discover the two essential components that contribute to our success: tight leases and adopted policies that lead to trained tenants. I share insights on crafting leases that legally enforce timely rent payments and explain why having clear policies is crucial for maintaining consistency and avoiding exceptions. Join me as I break down our approach to late fees and the specific steps we take when tenants fall behind on rent.

Links Mentioned in this Episode:

Connect with Jay:

  continue reading

137 episodes

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