Welcome to the BYL Collections blog


 

When To Invest in Property Management Software

Property managers and landlords are continually barraged with things to do. From filling properties with quality tenants, to managing those tenants and properties, to collecting from late-paying tenants, there has to be a way to manage ALL THE...

How Rental Applications Affect Debt Collections

As a landlord or property manager, you qualify applicants to place good tenants who will pay rent on time. Sometimes, tenants fall on hard times or otherwise skip out on their obligations. When it's time to send a tenant account to debt...

What Options do Campus Landlords have if a Student is a No Show?

Renting properties to students is definitely not the same as conventional leasing. The tenants are different, including a student's minimal prior renting experience, student-friendly housing requirements, length of leases, and rent collection....

5 Things Landlords Need to Know

Considering turning your home into a rental property? Thinking about investing in or converting your property into student or on-campus housing? Successful landlords understand that they are running a business, learn to manage what they can, and...

As Move in Date Approaches, Student Housing in the News

The end of July means that the fall move-in dates are fast approaching for property managers of student or on campus housing. If you're considering renting to students or simply curious of the vast differences in renting to conventional tenants...

How Rent Collection Varies by Conventional Housing vs. Student Housing

If you're considering investing in real estate and live within the vicinity of a college campus, you may choose to become a property manager of student housing. National Real Estate Investor reported that student housing continues to outperform the...

Tax Refunds Provide an Opportunity for Customers to Pay Down Debt

With credit card debt in America inching closer to $1 trillion, more consumers than ever are facing low or falling credit scores. For some, tax season means the possibility of a tax refund. While it's tempting for consumers to consider all the ways...

Property Manager’s Guide to Hiring a Debt Collection Agency

Property managers and landlords would probably admit that the worst part of the job is collecting past due rent. Some property managers give up too soon believing that it's hopeless to try to collect. In fact, there are many options to pursue,...

Tenant Debt Collection: 7 Tips for Property Managers

When property managers implement a streamlined rent collection process and expectations are outlined in the lease agreement, rent payments are typically made on time. Those payments that are delayed or remain unpaid can be especially trying to a...

Is a Property Manager Also A Debt Collector?

The Fair Debt Collections Practices Act (FDCPA) was created as a way to protect consumers from fraudulent collections practices. These protections include when and how a debt collector can contact a consumer and the options available to the...