Broomfield Property Management Ensures Timely Rental Payments
Why Wait to Get Paid?
Prioritizing On-Time Rent Collection
Getting rent paid on time is essential to the success and profitability of your Broomfield investment property. We know you don’t have the time or the patience to chase down late rent or beg tenants to pay. Neither do we. Instead, we create and enforce a clear, consistent rent collection policy. It’s a priority.
Online Rental Payments
The online tenant portal we provide our residents includes a payment platform, where it’s easy for them to pay rent when it’s due. This has reduced the number of late payments and made it easy and secure for tenants to pay electronically.
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On their payment portal, residents can make a one-time payment, schedule recurring payments, save their bank account information, and even set up reminders so rent is never late. We provide several ways for tenants to pay, but the online portal is by far the most popular.
Direct Deposits
Because we’re collecting rent so quickly and efficiently, we’re able to deposit it into your account right away. We’ll make an electronic transfer of the funds, putting your rent directly in your bank account.
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It means no waiting for a check to clear and no wondering when the rent will show up. We collect it electronically, and we pay it electronically. This is one of the reasons that Broomfield real estate investors and property owners love working with us: payments are simple, consistent, and always on time.
Positive Tenant Relationships
One of the reasons that we’re able to collect rent so consistently is that we have excellent relationships in place with our residents. At the beginning of the lease term, we discuss our rent collection policy in full, and we make sure they understand it.
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We’re open and transparent about our expectations, and we’re clear about the consequences that come with late rent, whether that’s a late fee or steps toward an eviction. These good relationships help us to avoid late payments, conflicts, and disputes.
Statements and Reports
With rent coming in on time every month, you may not find yourself needing to track your income and expenses. But, if you do, you’ll have immediate access to all of the information you need on the rent that came in and any expenses that were incurred over the last month.
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We maintain financial reports and accounting statements that are accurate, detailed, and transparent. If you need a financial report that zeroes in on something specific, just ask. We can probably run it for you.
How Much Rent Are We Collecting for You?
Having your rent paid on time is a big deal. An even bigger deal is understanding how much rent you should be earning. You’ll need to charge a rent that reflects the market, your property’s location, and its condition.
Access our reliable data, our experienced insights, and our understanding of the competing properties on the Broomfield rental market.
Don’t lose money on your Broomfield rental property. Let Pennant Investment Company show you what it’s worth.
As an owner, I would not use anybody else. I find Brenda at Pennant to be honest and straightforward. They are always looking out for my investment. I have not had a bad tenant since I switched to Pennant. I used to take care of all my properties, and I did not want to spend the extra money. But I can honestly say with Pennant I am less stressed and have more time to do what I want.
Finding Tenants Who Pay Rent on Time
Our professional and respectful tenant relationships help us get rent paid on time. Where do we find these tenants, and how do we know they’ll pay on time? Here’s what we do.
Marketing to High-Quality Tenants
Finding a tenant who can pay rent on time every month starts with a strategic marketing plan. We want to make sure your property is attractive to high-quality tenants. We put a lot of effort into marketing and advertising, looking for a renter who understands the value of your property. Attracting good tenants includes accurate pricing, fantastic listings, and a deep understanding of online rental spaces. At Pennant Investment Company, we’re experts.
Screening with Rent Collection in Mind
Our screening process is consistent, fair, and rigorous. It’s compliant with all fair housing laws, ensuring that we remain objective while seeking the best possible tenant for you. Part of our criteria is a rental history that reflects a record of on-time payments. We talk to former landlords. We check credit and look for past evictions. We make sure your resident earns enough to afford those on-time payments every month.
I have worked with Pennant Investment as a tenant and as a property owner. I have found them to be fair, reasonable, and professional. I also felt they went the extra mile when I had a challenging tenant. I recommend their services!
Let’s Hear What People Think
Contact Pennant Investment Services
Learn more about our full-service Broomfield property management plans, and how we protect your investment property and your peace of mind.
Pennant Investment Company
6560 Gunpark Dr #A
Boulder, CO 80301
(303) 447-8988
(303) 447-0215
brenda@pennantinvestment.com
