Setting And Collecting Rents

April 30, 2022

Rent is the ultimate reward of a rental business. Setting the right amount for rent and collecting it on time is of prime importance for a property owner. But what factors decide the right rent? Let us look through the importance & mechanism of setting and collecting rent.

 

  • Setting the Rental Rate

It is important to run a deep market research and set an optimum rental rate according to the true value of the property. The rent rate also depends on the location of the property, amenities provided at the unit, and the current rental trend. The rate will vary depending upon if the property is furnished or unfurnished. It is advised to do a thorough market analysis at least once a year, specially, in case there are vacancies or lease renewals.

 

  • Contractual Raise in the Lease

Make sure to add a stipulation regarding rent raise in the lease. Tenants will be well aware of the rent hike beforehand which will avoid disputes between the tenant and the owner. All rent raises or unexpected charges should be communicated well in time to the tenants. This ensures a constant flow of income without any disruption.

 

  • Rent Collection

To ensure a seamless flow of rent, it is essential to set a particular date for collection. It is also advised to put a penalty clause in case of missed or delayed rent in the rental agreement. As an owner, one can also hire a property management agency for taking care of all the responsibilities and work entailing rental business. The agency collects rent on the behalf of the owner and transfers the amount to the owner. Once contracted, the property management agency ensures that the rent is collected on time and there is no loss of rent.

 

 

Hunter Rentals & Sales offers incredible range of rental services including tenant screening, property marketing, rent collection, lease draft and enforcement, property inspections, etc.The agency offers access to an online portal & a secure channel via which the tenant can make payment and the owner can track the rent payments from anywhere. The property management agency works dedicatedly to offer high quality property management services at competitive prices.


To avail our services, you can visit us at 1503 W Stan Schlueter Lp Killeen, TX - 76549. Hunter Rentals& Sales provides property management services near Ft. Hood, including Killeen, Harker Heights, Copperas Cove, and Belton. For further information check out our website www.hunterrentals.com

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Mold and mildew are persistent issues in environments with high humidity, especially during warm or rainy seasons. These fungal organisms flourish in damp, poorly ventilated spaces and can appear on a variety of surfaces, including walls, ceilings, fabrics, and furniture. Besides their unpleasant appearance and smell, mold and mildew can also cause health problems, especially for people with allergies or respiratory issues. Fortunately, with consistent maintenance and environmental control, the risks associated with mold growth can be significantly reduced. Ensure Adequate Ventilation Proper air circulation is one of the most effective ways to reduce moisture buildup indoors. Spaces such as bathrooms, kitchens, laundry rooms, and basements are particularly susceptible due to frequent water use and steam accumulation. To address this, ensure exhaust fans are properly installed and working. You can also open windows when weather conditions permit. Using ceiling fans or portable air circulators can further enhance ventilation and minimize moisture buildup. Use Dehumidifiers Strategically Dehumidifiers play a vital role in regulating indoor humidity. By drawing moisture out of the air, they create a less hospitable environment for mold and mildew. These devices are especially helpful in enclosed or poorly ventilated areas like storage rooms, attics, and lower-level spaces. Running a dehumidifier consistently can help maintain an optimal indoor humidity level, ideally between 30% and 50%. Address Leaks and Water Intrusion Quickly Unresolved water leaks—whether from pipes, roofs, or windows—can create hidden moisture pockets that lead to mold development. Regularly inspect plumbing fixtures, roofing systems, and window seals for signs of leaks or condensation. Prompt repairs are essential to prevent long-term damage and microbial growth in hidden or hard-to-reach areas. Clean and Dry Surfaces Frequently Surfaces that remain damp for extended periods are prime targets for mold colonization. Regularly wiping down wet surfaces, such as shower walls, countertops, and window ledges, helps eliminate excess moisture. Incorporating non-toxic mold-resistant cleaners into your routine can further discourage growth. In addition, drying wet fabrics or upholstery promptly and thoroughly is essential. Monitor Humidity with Hygrometers A hygrometer is a simple, affordable tool that measures indoor humidity. By placing one in each major living area, you can keep track of moisture levels and take timely action if they rise above safe thresholds. Maintaining indoor humidity below 60% significantly lowers the risk of mold and mildew formation. Maintain HVAC Systems Heating, ventilation, and air conditioning systems influence indoor air quality and moisture control. When neglected, they can circulate humid air or even harbor mold in ducts and filters. Routine maintenance—including regular filter replacements and periodic professional inspections—ensures efficient operation and reduces the likelihood of hidden mold development. Store Materials with Care Materials such as books, clothing, cardboard boxes, and textiles are especially vulnerable to mold if stored in damp conditions. Keep such items off the floor, away from walls, and in well-ventilated, dry areas. Use moisture-absorbing products like silica gel packs or desiccant containers in storage spaces to provide added protection. By implementing these preventive strategies, property owners and occupants can create a healthier, drier indoor environment that is resistant to mold and mildew, even during prolonged periods of high humidity. For more information on property management and maintenance tips, visit Hunter Rentals & Sales at www.hunterrentals.com and connect on Facebook and Instagram for the latest updates. Hunter Rentals and Sales is located at 3207 East Stan Schlueter Loop, Killeen, Texas 76542, United States. Phone: (254) 634-3311 
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