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All Forum Posts by: Lee Snyder

Lee Snyder has started 1 posts and replied 5 times.

Post: How do your tenants pay rent??

Lee SnyderPosted
  • Posts 5
  • Votes 5

@Shalom Benton ...I just signed my first lease April 1 and have used apartments.com to list my property. Using apartments.com I was able to create my lease and collect all money for security deposit and first months rent. Being a newbie it was very easy to understand and everything is right there. My tenant can fill out maintenance requests and pay monthly rent via ACH payments they can also use a credit card. All services are free for the landlord. When my add was listed all leads from apartments.com where emailed to me and also stayed on my apartments.com web portal. Also they provide credit and background checks for $24.00 payed for by tenant. I really liked the services provided and seemed to be a 1 stop shop for all I needed to list my property and then manage once it was occupied.

Post: Learning to Manage Property

Lee SnyderPosted
  • Posts 5
  • Votes 5

@Cameron Tope

I'm also just starting to manage my own property, I closed 3 weeks ago and am painting and getting ready. Can you also please send me that info!!

Hello @John Curry,

A great book I just read The Book on Managing Rental Properties  by Heather and Brandon Turner has all the info your looking for!  Its also a great book for a newcomer like me to learn there systems. In the back of the book are all the forms you may ever need and you can go online with the link that is all over the book.

The exact outline of tennat qualifications you can print up is in there.  I have read that book and highly recomend it. I would suggest any form you use run it by your attorney.  I to am just starting out and printed all my forms and put them in a binder for my attorney to review.

Good luck to you on your investing journey!!!

Thank you for your insight that was something I read and it did not seem right to me either. I'm waiting to close at the end of this month do a little work and hopefully quickly  get a tenant.  I have friends that had bad luck managing their rentals and had huge problems. Mistakes I've seen and learned from. I've heard of cozy and it seems easy to use. I'm a bit hesitant on doing it myself as  feel a pm will give me more security  as i learn on my first investment.

I just purchased my first rental property located in north west indiana, i live in Illinois. While reading and familiarizing my self with Indiana landlord laws a few things struck my curiosity....I have been thinking of possibly managing my own property but I have read that i need a real estate license for anything involving real estate including rent collection? Also on the lease i need to have an Indiana resident or address for landlord or management of house for contact information. This is a single family house . I live 20 min away in Illinois.  Any thougts......I have also been cosidering a property management company. Has anbody worked with RPM property management.....(REAL property management). Would they provide excellent service for a new investor with only one property?  Did they keep monthly maintenance charges low or next to nothing? I have a good property and i dont forsee any issues.