Posted by SusanL.–FL on December 31, 1999 at 08:20:47:
First of all, if it is a ‘weekly’ rental, someone will most likely have to pick up the rent each week. Don’t count on them mailing it to you (EVEN if you provide stamped/addressed envelopes)! It just won’t happen.
Some of the poorer ‘clientele’ (sp?) just ‘expect’ the landlord to come pounding on the door when the rent is due.
On a ‘weekly’ rental, it would be too easy for you to get ‘stiffed’ on the rent–(if you don’t stop by for it). Many of us have had ‘experience’ with: “it’s in the mail”. By the time you find out that they pulled a ‘fast one’ , they’ve hit the bricks!
From what I’ve heard (with ‘weekly’ rentals), you can charge a little more for the rent but then you have more headaches too. Guess it’s a trade-off.