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Rent Collection

Classic Property Management is the leading choice for property management services and tenant relations in Arlington, TX.

For years, we’ve helped landlords put their rentals on the market, attract qualified tenants and keep them around with our superior customer service and upkeep of your property.

While we always put your tenants first, we know as a landlord you need to keep rent consistent in order to maintain the integrity of your investment. If you own multiple properties or manage from out-of-state, it can be tough to stay on top of timely rent.

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Rent Collection Process

Choose our rent collection service for your rental properties. We’ll spare you the hassle of tracking down your rent and make payment an easy process via electronic payment, cashier’s check, money order, or personal check that encourages your renters to always get that rent in by the first of every month!

At Classic Property Management, paying rent is a walk in the park with our streamlined and straightforward approach.

You can rest assured as a landlord that rent is due on the 1st of every month and we make it as easy as possible for your renters to pay. We make sure your renters have every opportunity to keep their rent paid in full every month.

Late Rent Payments

We understand that sometimes rent may require a couple extra days to collect. So, we give your renters a 3 day grace period to make their payment, with rent considered late on the 4th.

However, if rent goes unpaid beyond our grace period, we give your tenant’s a 3-day notice to vacate your property and will file for eviction later in the same month.

Tenant’s will incur late fees daily until they’ve paid your rent balance in full. Keep in mind that we don’t just jump to an eviction process. Sometimes times get tough, and even the most reliable tenants can fall behind.

We do our best to work with your tenants and come up with a plant to get their balance paid in full and avoid eviction.

However, if it does come to the eviction process, we will always notify you of our filing intent before we begin. You will also always stay updated on your tenant’s current payment status, late or not.

Property Management Software

Accurate records help hold your tenants accountable for payments and never leave you in the dark. We utilize AppFolio Property Manager, a software designed to streamline property management right down to rent collection.

AppFolio ensures all of your tenant’s online transactions are secure, all records are actively updated, and that you are able to easily compare performance on a monthly basis if you ever need to dig into past data.

We let you put the complicated checkbooks and manual records away in favor of our property management accounting solution at the tip of your fingers from the comfort of your smartphone or laptop.

THE CLASSIC EXPERIENCE

Property Management Company for Rent Collection

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We are ready to help you make your property the best it can be. Getting to the top in the rental property sector starts with staying on top of rent collection.

As a landlord, you are busy with upkeep and general tenant relations. Let us worry about the rent collection. Contact us  in Arlington, TX today to learn more about our rent collection services, marketing opportunities, property maintenance and other management services we offer.

We’re ready to make landlordship the worthwhile investment you always dreamt it would be!

Property Management FAQs

How Do You Screen Tenants?

Qualification is determined by looking at four factors. These include background, credit, rental history, and income checks.  Classic Property Management processes applications within 2 business days. If applicant does not qualify for a home, we will send the individual a notification and determination via email. If applicant is approved to move into one of our homes, we require a deposit within 24 hours and will send the lease to sign.

Why Do I Need a Property Manager?

A property management team can improve the value of your property over time in addition to managing tenant relationships on your behalf. A property manager has resources to market your property to a wider audience. Further, property management companies have mastered the art of communication between residents and are always ready to respond quickly to any questions or concerns. One of the most important reasons why you need a property manager is to manage your rental payments. Property management companies refined the process of timely rental payments while mitigating the risk of default accounts. These are just a few reasons why you need a property management company.  Visit the Classic Property Management website to learn more about how we improve your rental property in Dallas or Fort Worth.

Why Types of Property Do you Manage?

Classic Property Management oversees the management of residential housing including single family homes, townhomes, apartments as well as management of homeowner association boards.

Who Does Repairs on my Property?
Classic Property Management follows the maintenance procedures set forth during owner onboarding. In most cases, we take care of work requests that are under your set maintenance and repair limit. We will send estimates for approval for jobs that are over your maintenance limit. You will receive copies of invoices with your monthly statements. We work with a large network of 3rd party vendors that are licensed and qualified in many, specialized maintenance fields. All of our vendors have been vetted and approved to work with us. We ensure they are licensed, insured, cost-efficient, and have quality work.

How Much Involvement Do Property Owners Have?
Classic is a full service management company and we handle all parts of the rental cycle for our clients – inspections, marketing, maintenance, lease signing, tenant communications and more. Our clients have peace of mind knowing that Classic is taking care of their properties and they do not have be stuck worrying about the day to day operations of property management.

Do You Perform Property Inspections?
Our team will make sure the property is “market ready”, making recommendations as necessary after a move out. We ensure tenants comply and keep up with the unit throughout the duration of a lease. Routine occupied inspections can be scheduled with our team.