First time Landlord Tips please

[Rahul Sunkavalli]

Look for some advice on taking on being a landlord early next year when I rent out my condo. Should I use an attorney to make the rental agreement? How should rent be collected and tracked, any software recommended? Should I have a handyman/general contractor on standby always, recommendations? Thank you!

[Chris Corbin]

For rent and expenses, I recommend https://cozy.co/.  Its free and your tenants can pay you online.  I have yet to have a late payment since I moved to this software. 

For repairs, it depends on the quality of the rental.  Most of my rentals have 1-2 maintenance requests per year/ per unit. Agreed don't over think it and handle on a case by case.