Rent Collection & Payment

We secure your earnings on time, each and every month

As property investors ourselves, we understand the importance of protecting your cash flow. When tenants pay late, it can create a domino effect, causing numerous problems and headaches. For this reason, we enforce very strict collection rules. All payments are due on the first of the month, and 48-hour notice of legal action is served on the 6th.

After collecting your rent payment, we work quickly to disburse your earnings. Learn more about how our collection process works:

We collect Rent Payments

BMG Rentals tenants have multiple options for paying their rent each month, including digital payments via our account portal. In just a few simple clicks, it's easy for anyone to set up recurring payments. Of course, payments can also be made by check or in person at our offices. If we haven't received a payment by the cut-off date, we will notify the tenant of impending legal action. Assuming no payment is made, a 3-day legal notice will be served, before we proceed with an eviction.

We make no apologies for our strict payment rules. In most cases, if a tenant is allowed to fall a month behind, the pattern will continue indefinitely. We avoid this problem by nipping issues in the bud as soon as they occur, protecting your investment.

Your Earnings arrive on time

Our accounting team works quickly to process incoming rent payments and resolve outstanding balances on your account. Many of our landlords are located out-of-state, making direct deposit a convenient option for monthly earnings. We can also work out an alternative for those with specific needs.

Review Your Account Around the Clock

Want to keep tabs on your property? In addition to portals for our tenants, we also offer online account access for homeowners. Simply log in to the portal to view a summary of your account, take a look at current statements, or request additional documentation for your property. We also generate regular reports and create yearend tax documents to simplify your reporting obligations.

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REAL REVIEWS FROM THE WEB

CONSISTENT AND DEPENDABLE

"You and your company are consistent and dependable, the best quality we could have as an out of state investor. We will definitely use BMG Rentals when we get back into the Salt Lake City market."
— Chris W., Satisfied Client

SO THANKFUL TO HAVE MY AGENT

"These guys are great! Take care of business and the ladies in the office are the best in the business. Hands down my favorite property management company. Thank you for a wonderful experience!"
— Cindy G., Satisfied Client

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