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  • Do you find it awkward to send rent reminders to tenants every month?

    Imad Badri
    3 replies

    Replies

    Anil Meena
    Why do you need to remind the tenant every month, shouldn't it be link rent should be transferred between the 1st to 7th of every month. Just saying!
    Imad Badri
    @anil_meena21 Ideally that's what should happen, but in that case tenants have to give an authority letter to the Bank to auto-debit every month at an agreed date. And most of the time tenants don't agree with that. At least that's what is happening in India. In countries like UAE, tenants always pay PDCs in advance so there is no such hassle.