Landlords: Five Tips to Ensure You Never Miss a Monthly Rent Payment on Your Investment Property

As a landlord, it can financially hurt if your tenants don’t pay the rent. Luckily, there are ways to help avoid that scenario and insure you collect the rent. If you want consistent monthly rental income, check out these five tips: 1. Screen your tenants. Do not just rent out your investment property to the first person who shows up with a cheque for the deposit. Instead, make sure that you screen each applicant carefully.…