Our Rent Collection Services That Keeps Cash Flowing
Keeping your property occupied is our top priority. Our marketing system has been built and refined over time to give your rental strong exposure while keeping costs under control.
Marketing
Tenant Screening
Rent Collection
Maintenance
Surveys
Financials
Marketing
Tenant Screening
Rent Collection
Maintenance
Surveys
Financials
Reliable Rent Collection for Your Rental Property
Don’t spend time chasing down checks or following up on late payments. We use secure online payment systems and direct deposits to keep cash moving smoothly from tenant to owner.
Most renters today expect to pay electronically. We provide convenient online payment options so residents can submit rent anytime. This reduces delays and creates a clear digital record of every transaction.
Funds are deposited and processed efficiently, helping you maintain steady monthly income without unnecessary back and forth.
Lease-Compliant Rent Collection in Texas
In Texas, rent collection must follow the lease exactly. Payment terms, grace periods, and late fees must match what is written in the signed agreement.
We strictly follow the lease language for each property. If rent is late, we issue notices in accordance with Texas guidelines and the terms outlined in the contract. Late fees are only charged when they are properly written into the lease and allowed under state rules.
By handling this process consistently, we reduce confusion and protect you from avoidable disputes.
Clear Documentation and Payment Tracking
Every payment is tracked through our management system. This includes:
Date received
Payment method
Outstanding balances
Late fees, if applicable
Having organized records makes it easier to answer questions and resolve concerns. If a tenant disputes a balance or payment timing, we have the documentation ready.
Accurate tracking also protects you during lease renewals or move-outs, when account histories often matter most.
Notices and Follow-Up on Late Payments
When rent is not received on time, we act quickly. Prompt follow-up shows tenants that payment expectations are firm and consistent.
We send required notices based on lease terms and Texas requirements. Our team monitors outstanding balances and keeps communication professional and documented.
Addressing late payments early helps reduce the risk of ongoing delinquency.
Owner Disbursements and Monthly Statements
After rent is processed and any expenses are accounted for, we handle owner disbursements.
You receive your funds through direct deposit along with a monthly statement that outlines:
Rent collected
Management fees
Maintenance expenses
Any additional charges or credits
These statements create a clean financial record that supports tax reporting and year-end accounting. If questions come up later, you have organized documentation available.
Consistency That Protects Your Investment
Rent collection is more than just receiving payments. It requires attention to lease terms, state regulations, proper notice procedures, and accurate accounting.
By combining electronic payments, structured follow-up, lease compliance, and clear financial reporting, we create a process that supports steady income and reduces stress.
You get predictable cash flow, documented records, and a system designed to keep your rental running smoothly month after month.
Let’s talk to see if Hendricks Property Management is right for you.
There’s no commitment, pressure, or obligation.
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Frequently Asked Questions
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Tenants can pay rent online through our payment system, which helps reduce delays and creates a clear record of each transaction.
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Most rent is collected electronically. If a lease requires another method, we follow the lease terms exactly.
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We follow the lease terms and Texas rules for rent collection. If rent is late, we issue notices based on the lease and only charge late fees if they are written into the lease and allowed under state guidelines.
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Yes. Owners receive monthly statements showing rent collected, fees, and any expenses so you have a clear record for your property.
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After rent is processed and expenses are accounted for, we send owner disbursements and provide reporting that supports tax prep and helps resolve questions later.