Late rent collection is one of the biggest challenges a landlord has to go through. It’s absurd to overreact and start serving legal rent-demand notices. This only creates unnecessary tension if the resident has an acceptable reason for not paying rent on time. That said, however, it doesn’t discount the fact that late rent is a serious issue. Any landlord should be able to deal with it. If you are a landlord or property manager, here are some tips to help you collect overdue rent without going through so much stress. 1.      Strengthen communication with the renter Communication with the tenant starts with drafting a clear lease and rent collection policy. The…