The Federal Trade Commission reveals that nearly 9 million people are victims of identity theft each year, about 18 people per minute. When fraud occurs, the FTC estimated that it would take $ 500 and half an hour for an average victim to resolve every case of identity theft. Unless your tenant personally handed the check on a monthly basis, the best way to fall prey to such crimes is to get a check for rent. This is the tenant's bank account is printed just in front of all the people killed in the mailbox controls. Also, when the tenant's bank account has been flushed out, it will most likely be a headache. You collect rent online with the security measures of the property ensures that no one is prone to risks.
It maintains a good relationship between the owner and the tenant
With regard to sales, the person who almost never collects the payment is what sets the tone and gain their support. That is the reasoning behind this. Prevents a good relationship becomes sour by the negative practice of collecting payment. The online income collection offers the same benefits. Every time you see, tenants are tied to the new heatsink installed for them and not the money withdrawn every month from your bank account.
Consider this: your tenants will not be the ones who will benefit from the positive effects given by paying rent online. In addition, it gets rid of the coercion to deal with tenants who do not pay the rent in a timely manner, which is nice for both parties.
It allows you to stay organized
Regular transactions involving money people require a higher level of organization. This is especially true if there are many properties and tenants in question because there is more chance of making a mistake. However, even if you only have one or two properties, collecting monthly checks requires you to communicate and stay organized regularly to ensure that payment is received within the appropriate time. Small mistakes can be disastrous when they lead to a discussion where the landlord and the tenant claim that they are the injured party.
One of the biggest benefits of online income collection is the fact that a problem free digital record just needs effort for you and your tenant is generated. It is easier to resolve any disagreement no space for arguments or opinions: less documentation maximum efficiency.
You can trust him
No tenant has said that he / she is excited to pay rent each month. People usually remember things that make them happy, and that does not include payment of rent. If "pay the rent" is in the last issue of his long list of outstanding tasks, the best tenants can also forget.
Paying rent on-line allows tenants to make automated payments. So, even if not the priority to pay the rent, again and again you get paid on time. One of the most important advantages of rents automatically the calendar is the fact that gets rid of the temptation of its tenants to use the rent money for incidental expenses.
If you agree to lease online will offer more options to their tenants. Even though not everyone will choose this from the start, the online rental payment will encounter more and more followers with each month.
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