Non-payment of rent: on your marks, ready, go!
Landlords have tight deadlines. Many who have just purchased their buildings realize how important financial planning and regular cash inflows through the tenants’ rent deposits are. In a market that has become agitated, favouring upward transactions and often with reduced room for manoeuvre, the main expenses of the building are often immutable or almost static.
Taxes, insurance, energy costs, etc... leave little hope of reduction of these costs for rental property owners looking to improve the financial performance of their building. Income must therefore be as stable as possible, landlords must thus ensure that they make a good selection of tenants, which is of prime importance to avoid situations of non-payment of rent and conflicts as much as possible.
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