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All Forum Posts by: Alejandro Ferrer

Alejandro Ferrer has started 5 posts and replied 14 times.

Quote from @Kevin Sobilo:

@Alejandro Ferrer@Alejandro Ferrer, more information needed.

What state is this in? A heating versus a cooling climate might make a difference in the choice.

What kind of unit is it? Is it C or D class or A or B class?

In a heating climate, for a C or D class unit, a wall unit is probably ok but a VENTED wall unit not UNVENTED.

In a heating climate for an A or B class I would have central heat.

In a cooling climate, I might use a wall unit because heat will only be very occasionally used. 

Hello @Kevin Sobilo the location is Chicago IL, the area is a C class. The other 3 units have central heating but the 1 needs a new heating system. 

Hello BP community, a 2bd 1bth i have is needed of new heat system. It currently has an old school wall unit heater that is rusted and needs to be replaced. My question, is it less expensive to install 2 new wall unit(1 living room and 1 kitchen) or better to install central heat? Thank you

Quote from @Randall Alan:
Quote from @Alejandro Ferrer:

Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform of some sort or opening a separate bank account? Any advice will be much appreciated. Thank you

@Alejandro Ferrer

A platform is definitely the way to go!  It tracks and collects your tenants payments, and automatically deposits into your bank account and SO MUCH MORE… applies late fees, tracks tenant / unit expenses, has a tenant facing web portal for reporting maintenance issues and collecting rent and on and on… screens new tenants, broadcasts your rentals for rent, etc!

We use Rentec Direct… costs between 1-2$ per door per month and they front your ACH payments the very next day in advance of them fully settling with no percentage fee for any of the rent collection services.   It is truly my favorite landlord tool! 

All the best! 

 Thank you Randall, never heard of that platform. I will look into it. 

Hello biggerpockets family, hoping to get some advice/ tips on how to go about collecting rent. I currently have them Zelle me to my personal bank amount but I’m Wondering if it’ll be easier to manage using a platform of some sort or opening a separate bank account? Any advice will be much appreciated. Thank you