Landlord software/method for one rental

[Paul DoCampo]

I will only have one rental property coming up, and I was wondering what software or methods do you suggest for keeping track and record of payments, expenses, income, and maintenance, preferably something that is cheap or free since I only have one rental?

[Jeremiah Stephen]

Excel makes the most sense unless you can find a free tool; with that said my wife and I own Tenant Watch which offers background checking solutions / tools for landlords to enable them to pull the most comprehensive background checks on your potential applicants.  

Ensuring you know the most about the person(s) you are planning to rent and having the appropriate info in file for them is very important; should you have to pursue an eviction.   

I would make sure you find the best possible solution which would partner with you to help reduce your risk in this area.  Avoid the large repositories offering just the automated data results.  Tenant Watch partner's with you coming along side of you with the knowledge you need to become a better landlord for your investment and the communities you rent within.