General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Optimizing business process for managing rentals
I need an advice. We started rental business and during 2 years our portfolio jumped from one rental to 20 doors. I am managing it myself and trying to optimize the process. I am at this point right now:
Tenants make a direct deposits into my business account (I have them direct deposit coupons without full account number and without my home address). Some tenants use direct transfer or online automatic transfer.
I hired general contractor to manage maintenance and I have a list of contractors for different kind of projects.
For some units I find tenants myself, for remote units I have an agent.
I am thinking what else I could do to save my time and energy.
Please tell me what I could do better.