facebook

South Jersey Rent Collection Process

It’s hard to imagine anything more important to the success of your investment property than consistent, on-time rent collection. Here’s how we do it.

We Collect Rent When It’s Due

At Realty Solutions, we prioritize rent collection and have a comprehensive process to ensure tenants understand their rent payment requirements and that they fulfill their responsibilities.

We know it matters.

 

Cash Flow

You count on your rental income to pay the bills associated with your property. You need it to increase ROI. We make sure your tenants are on track.

Lease Enforcement

It’s about expectations. We do everything possible to be sure tenants understand our rent collection policy and know that we’ll hold them accountable to it.

The Right Tenants in
the Right Property

Our rent collection process starts with simple tenant screening. We employ a strict 8-Point Screening Process which qualifies each tenant specifically to each property.

We look for tenants who pay on time.

 

Rent Reminders

Every month, days before rent is due, we send residents an email reminder regarding the upcoming rent payment. Each tenant has their own Resident Center login online.

Rent Due Dates

Thanks to that reminder, tenants know their due date is approaching. Our process continues on that due date. We send residents another email, just in case that first one was missed.

The Realty Solutions Step-by-Step Rent Collection Process

Rent collection is a crucial part of any property manager’s job, and it’s something we’ve perfected in our years of managing homes throughout South Jersey. Our process leverages our high level of authority and our commitment to the best outcomes for you.

Rent Reminders

Auto reminders are sent to residents 10 days before the due date and on the due date, with the amount that’s due.

Late Fees

Our system automatically calculates any late fees that need to be applied, after the grace period expires. Less guesswork.

Communication

An automatic notice is generated when the grace period has ended and the tenant still has not paid rent, allowing them to budget for a late fee.

Notice to Pay or Quit

If rent remains unpaid after the grace period, a Notice to Pay or Quit is served in compliance with state law.

Tenant Relations

Property managers reach out to tenants to work on a solution that avoids eviction. Payment is immediately due.

Eviction

Evictions are rare, but we’re prepared to move forward with the help of our legal department when necessary.

Let’s Talk about Rent Collection

Square Logo-01-min

What People are Saying About Us

4.9/5
4.9 /5
102 Reviews

Google
5.0/5
Nov 18, 2022
Google Realty Solutions Jeff
Realty Solutions have been managing my properties for over 10 years and I can't say enough good things about them. I never have to worry about my property bc they a handle everything from collecting rent payments, maintenance , repairs or anything that comes up. I highly recommend Realty Solutions!
Survey
5.0/5
Nov 11, 2022
Realty Solutions Denise
Issue with HOA fee. The gentlemen I spoke with explained what happened in a way I could understand. Because of the confusion and my assumption that the fee had been paid, he was kind enough to refund late fee and set me up with automatic payment. Very satisfied.
Survey
5.0/5
Nov 11, 2022
Realty Solutions Lorraine
Dave from Capstone did an excellent job. He was very professional, extremely neat and I was completely satisfied with the work he did.
Google
5.0/5
Oct 19, 2022
Google Realty Solutions Dawn
Very helpful when i became frustrated with dealing with my rental property. Very resourceful and knowledgeable about the in and out of renting. Always keeping me informed regarding my tenant.
Survey
5.0/5
Oct 18, 2022
Realty Solutions Michael
Always responsive