Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

Because it's my money, I care more (I get 92% of the revenue, PM only 8%, and PM team member near 0%), I only had my units to manage (PM team member has other owners and units), and, with humility, I am smarter and harder working than the team members assigned to my portfolio (3rd party PM has to hire at a level that makes the business model financially work for them). 

I hope that you got your client's permission to reveal financial information before posting on a public forum. 

Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Prioritize your financial stability.

I'm totally confident in my new financial famiy...

My current goal is to transform my professional Excel budgeting tools into an AI-powered app to streamline day-to-day property management, particularly for financial operations.

During the 2008 financial crash, low paid, low skilled workers were laid off in droves.

So REI in California only makes sense if you've been there since the 70s or 80s OR if you're financially well off and can afford a few million dollar properties.