Re: New to job - Landlord Forum thread 328683

Re: New to job by Anonymous on December 13, 2014 @14:43

Problem here is that this is probably a lower income complex and may have many immigrants and others that do business all in cash. Many of these people cannot get a bank or checking account. However they often will do business with money orders. You can ask for postal money orders instead of checks. You also need a good computer program to keep better track of this mess.

My advice it to go back to a system where the rent is due the first of each month for everybody. You also need to make a plan regarding those people in arrears. Do you make a plan to get them caught up? or do you evict and get better tenants.

What is your plan for placing new tenants? This will be a big deal going forward. Seems that subpar tenants are the norm in this place - again perhaps this is a lower rent type of complex.

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