Rent Collection

We make sure you get paid on time, every time

Rent Collection

Collecting rent is easy if you have the perfect resident who pays on time! But what if they don’t? Having someone in your corner who knows resident law and the proper notices to send is critical!

If a resident has gone beyond the grace period of the lease we provide them with a late rent notice, where we collect the appropriate late fees along with the normal rent amount. Worse case, if we have a resident that does stop paying rent, we will assist in the eviction process and re-renting the property quickly.

We make paying rent easy for residents with the online resident portal that can be accessed 24/7. We strongly encourage residents to pay online, which means we can pay you faster.

Our Rent Process

  • Rent is due the first day of the month
  • Rent is late if not received after a five day grace period and late fee is automatically assessed to resident ledger
  • Residents receive reminder notices and late notices automatically using our Buildium software
  • Resident is contacted directly after late period
  • ALPS coordinates with owner on next steps (five day notice, eviction, or other options)

Get started with your FREE PROPERTY CONSULTATION.

Your Trusted Partner in Property Management Solutions

  • Marketing

    Marketing is key to successful rentals. ALPS Property Management provides an expert market analysis for each property we manage to maximize your return on investment.

  • Resident Screening & Management

    We provide comprehensive resident screening and management, including leasing, occupancy checks, and “cash for keys” solutions when needed. From placing qualified residents to overseeing rent collection and maintenance coordination, we ensure a smooth and professional rental experience.

  • Rent Collection

    We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing.

  • Maintenance, Inspection, & Evaluation

    We manage every aspect of property upkeep, from lock changes and securing properties to construction maintenance, repairs, and thorough inspections. Our team also handles property and tax evaluations, appeals, and preparation to ensure your investment remains protected and profitable.

  • Financial Reporting & Legal Compliance

    We handle all aspects of financial management, including accounting and reporting, efficient rent collection, secure payments, and property tax oversight. Our team also ensures full legal compliance, managing evictions, insurance and utility transfers, and all regulatory requirements with precision.

  • Eviction Protection

    In the unfortunate event that a resident needs to be evicted from your rental we will ensure your investment is protected.

Google reviews

What owners
and residents say

4.9

Average of 137 reviews · read on Google

“The team at ALPS Property Managements has been fantastic! Highly responsive and on top of their game so I don’t have to be. They have been diligent and thorough and a reliable team that gets it done. Excellent communicators and just a great team to work with!”

LJ Busekrus

“ALPS Property Management has been managing my condo for the last 7 years, and it is one of the best property management companies i have ever worked with. All the employees of ALPS are extremely professional, they respond to any query or request very quickly, i will highly recommend ALPS for any of your property management needs.”

Min Zou

“Great company and a great team! They do an excellent job in their property management. They are always easy to get a hold of and very reliable. Would recommend!”

Cody Starostka

Areas we serve

Property managers across
Northern Illinois & Indiana

Our managers work across Northern Illinois and Indiana every day, so your house or building is priced on real local comps rather than a regional average.