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Updated almost 5 years ago,
Investing in real estate and setting things up
What software is good for collecting rents and it’s features?
Buildium? TellUs? Cozy? Etc
Question 1) Which ones let's each property have its own bank account to receive rent? Let's say I have Property A and B in separate companies say Property A LLC and Property B LLC which software let's me pay rents from Property A to the checking account of Property A LLC and rents from Property B to the checking account of Property B LLC etc?
Question 2) Which software grants access to owners, property managers and tenants and not just property managers and tenants so everyone is involved etc?
Question 3) Website and mobile app?
Question 4) Screening, credit checks etc?
Question 5) Suitable for small units (0-50)/ small landlord or large landlord let’s say 1000+/ some huge multinational property company? If you have a huge team in your company let’s say hundreds or thousands of employees how can many use the system?
Question 6) Accounting? How long till you receive rents in your account?
If you decide to answer please write the question number then answer please. I know it’s a lot of questions but you I’m still on the learning curve and will rather be safe than sorry to minimise simple mistakes when I do buy my first deal?
Thanks for responses in advance 👍🙏 feel free to message me so we can talk and perhaps connect and network in the future. My DM’s are open.