A person is moving into your area from out of town. They can fax your rental application, but you cannot start processing their application till you receive their application fee. Every day you wait is costing you $30 to $40 in rental income per property. What are you waiting for? Continue reading
Today we will talk about keeping personal information safe on your computer. This is another place where thieves can steel your information. Among other things, computer viruses can be used to log your keystrokes, take and use your list of email contacts sending out information with your email address, track your shopping habits, or use your computer to store and disseminate computer files or malicious programs. Continue reading
Let’s look at the front door of your business. If I ask, “How easy is it for customers to do business with you?” one answer looks at, “How can I pay you?” The first impression of a customer has a lot to do with whether they choose to do business with you. Do they feel like you accommodate their needs? Continue reading
A batch is the sum of payments made to your account during the day which are compiled and deposited into your bank account. If no payments are made, there is no batch to run. Electronic checks and credit card payments are batched separately. Continue reading
If you do not pay your rent by the 5th day of the month, most lease agreements have a late fee provision which varies widely. Some charge a one time late fee and others charge an initial amount then another amount for each additional day the rent is late. Either way, it is very common to see total late fees ranging from 5% to 10% of the monthly rent. Continue reading