Welcome to the BYL Collections blog


 

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...

Past Due Rent: When to send Student Housing Accounts to Collections

Turn, turn, turn...

It's turn season for managers and landlords of student housing. Preparing for incoming students can consume quite a bit of time to those managing properties near universities and colleges. With August approaching quickly,...

Can a Debt Collector use Social Media to Contact a Consumer?

Having a debt go to collections can be very stressful for a consumer who is simply trying to make ends meet. There could be medical debt, student loans or a number of reasons why an account is past due. Complaints about abusive and harassing debt...

Increase Resident Collections with RealPage and BYL's OneSite Integration

Leasing multifamily, student housing or military housing includes loads of paperwork. From rental applications to lease agreements, and all of the accounting in between, property managers must maintain these documents, especially if landlord/tenant...

When to Send your Tenant to Collections

An Insider Guide to Maximizing Apartment Collection Rates

Property managers are busy people. As Monster.com reveals in their property manager job description sample, they have an enormous amount of responsibility. So when it comes to collecting an...

Collecting Rent from International Tenants

For those property owners who have rented student housing or other properties to international students and tenants, collecting past due rent can be quite a burden to bear. From tenant screening to tracking down the debtors after they've moved out,...

Maximizing Student Housing Collections

Student housing property owners face unique challenges due to their rental population. With the combination of a student's lifestyle, the possibility of roommates, parental involvement and financial aid, billing, receiving and recovering rent and...