Collecting Rent For Your Investment

Consistent rent collection is the foundation of a well-performing rental property, and Cornerstone Property Management has built its collection process around accountability, clear communication, and the kind of integrity that has guided this company since 2009.

When rent is paid on time, everyone wins. But experienced property management means being fully prepared for the times it is not. Cornerstone operates with a thorough understanding of Virginia tenant law and the proper notice procedures required at each stage of the collection process. When a resident moves past the grace period outlined in their lease, we issue a formal late rent notice and begin the process of collecting the outstanding rent balance. Every step follows the letter of the law, protecting your investment and your standing as an owner.

In the rare situation where a resident stops paying rent entirely, Cornerstone stands with you. We manage the entire eviction process with the experience of a team that carries 30-plus combined years in residential property investment and management. Once the property is vacant, we move quickly to re-lease it, minimizing the income gap and getting your asset performing again.

On the resident side, Cornerstone makes paying rent straightforward. Residents access their secure online portal around the clock to submit payments, set up automatic drafts, and stay on top of their obligations without hassle. Because the portal is available 24 hours a day, 7 days a week, payments come in faster and owner disbursements go out on time.

Reliable rent collection is not just a process at Cornerstone. It is part of the broader commitment to providing owners and residents with exceptional value and excellence in service throughout the Roanoke Valley.