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All Forum Posts by: Jeff Gates

Jeff Gates has started 23 posts and replied 479 times.

Post: Tenant Payment via Phone App vs Check

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

Mobile security is not as advertised. New bank apps, have long terms an conditions to place you the user liable for loss of funds via hackers. I would not use mobile platforms yet. 

Post: How To Verify Income

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

There are some new systems that monitor renter bank deposits from employers and other sources. This history data is coming.

Post: What do you recommend on bank accounts?

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

Seems like you use many bank accounts to segregate financial data for your rental business. Why not use an accounting system designed for rental properties? 

Post: Maintenance request app or software

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

I don't want to mention vendors names. Just look around, I have seen them. 

Post: Maintenance request app or software

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

There is free software with this feature

Post: Just starting out - is Buildium a good choice?

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

Buildium is too expensive for your first rental.

Post: Online rent payment using Rentigo

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170
Originally posted by @Randy Duke:

I have just had some bad experience with Rentigo, I do not recommend.

What was your bad experience?

Post: Cozy vs TurboTenant

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170
Originally posted by @Charles Frankenhoff:

I just had a bad experience with Cozy, screening side not payments, so I'm here to find a better service.  I can't speak to their collections, but in my opinion their handling of the screening process is scuzzy and misleading, and reflects poorly on me as a landlord.

 Charles we are curious to what went wrong?

Post: Rent grace period questions

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

Recently I have thought about a flat late fee a bit smaller, and a daily charge thereafter. As a late renter who incurs a late fee, might have little incentive after the late fee date has been crossed. If this fee gets more expensive over time the pressure is still on. 

Post: Filling out an application before seeing rental

Jeff GatesPosted
  • Investor
  • Cathedral City, CA
  • Posts 481
  • Votes 170

I always pre screen them on the telephone. Some interested parties are not worth the property visit. And some scheduled property visits will be no shows.