If you want to know how to keep track of rental income, follow these steps;
Create a Rent Schedule: List the due dates for each tenant or property, along with the rent amount and payment method.
Use a Spreadsheet: Maintain an Excel or Google Sheet to record each payment, including date, amount, and form of payment. This makes tracking and reference simple.
Set Reminders: Use phone alarms, calendar notifications, or property management tools to remind tenants and yourself of future due dates.
Leverage Rent Management Apps: Platforms like NoBrokerHood or other property management solutions allow you to automate tracking, generate bills, and record payment history.
Issue Receipts: Provide tenants with a receipt for every payment received. Keep a copy for your records.
Review Monthly: At the end of each month, review your records to ensure all payments are accounted for and follow up on any pending dues quickly.
This method ensures organised, transparent, and hassle-free rent management.
Track Rent Payments Easily and Securely with NoBrokerHood Property Management Services
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How to Keep Track of Rental Income?
Rani89
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20 days
2025-12-08T10:22:51+00:00 2025-12-08T10:22:52+00:00Comment
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