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All Forum Posts by: Selwyn Da Costa

Selwyn Da Costa has started 1 posts and replied 5 times.

How is the experience been with Turbo Tenant? How long does it take to collect rent? Are you using their lease agreement or uploading your own lease. 

Thanks

Selwyn

Quote from @Tim Miller:
Quote from @Selwyn Da Costa:

Thanks for your response. I will run it by my Legal plan I have from work as well (Hyatt Legal plan). Yes TurboTenant allows you to upload and e-sign your own lease as well. 


Don't count on that "Legal Plan" for the most part they are worthless. They can handle simple legal manner, like setting up a will or something simple.
You need a lease agreement that takes into account all the local laws. TurboTenant (none of the others) will not do this, RocketLawyer will be better as will LegalZoom. Plus what about your rules for the property? Who's going to pay for bug problems? Example, Bed Bugs! That expense alone can cost thousands of dollars to resolve. Are you going to pay for it or the tenant? You will not find these in online lease agreements. There's an old saying, pay now or pay later. I would pay now for a better lease that will protect you better and have less expense and headaches later.

Just remember that these "all in one" services are not always the best options. Why? because they are trying to be as broad as possible for the whole country. Good Luck.
Thank you Tim, good tips from a legal prospective. I will take your advice on this. 
Quote from @Vicki X.:

@Selwyn Da Costa Sounded like you are self-managing. Following software are for you to consider to simplify your day-to-day operations and finances: 

  • PM software: Azibo, Avail, Innago, Apartments.com, Hemlane, Turbotenant, Rentredi, Tenant Cloud, eRentpayment, Zillow rental manager
  • Rental accounting tool: Azibo, Stessa, REIHub, Quickbooks (not specifically for rentals and pricier though)
  • Rental banking: Azibo, Stessa
  • move-in/move-out inspection: rentcheck

    Hope it helps! I’ve used a few and tested many. DM me if you’d like to learn more about the pros and cons. 

 This helps a lot and will definitely reach out for any questions. 

Thanks for your response. I will run it by my Legal plan I have from work as well (Hyatt Legal plan). Yes TurboTenant allows you to upload and e-sign your own lease as well. 

Hello BP members, 

I am just starting out with our first rental. I have researched RentRedi, Avail and TurboTenant as property management software to Syndicate/List, manage Applications, Lease agreements etc and liked the features set with TurboTenant. The only issue I feel is the Lease agreement templates may not be as comprehensive as EZLandlordsforms.com. Does anyone use the Lease agreement within TurboTenant, any feedback on how it went with their Tenants? or do they use other Lease agreements?

Thanks

Selwyn