
25 March 2022 | 19 replies
Basically you email the tenant a link/invite and they download the app or connect on lineThey can pay direct from bank (ACH) and that costs the tenant like $1 I thinkThey can pay via debit or credit card...that route costs them normal credit card fee so a bit more than a $1 but it is the same as using a credit card pretty much anywhereThey can also pay CASH through 80,000 retailers ..they can go to a Dollar General for example, give them cash and Dollar General will deposit that cash into a Chime account and then the tenant pays you through the free Chime accountIts an easy portal for landlords to use and set up (I am an idiot and I was able to do it), it is scalable (I have 75 doors in there today without issue), you can use it for other things (like maintenance requests), you can set it up to automatically charge late fees (that feature is awesome)Tenants can also set up their rent to be paid automatically on a certain day every month AND they can have Rent Redi report the payment to the credit bureaus so they start to build creditIt is not the ONLY system but for me it has been a really good system

12 April 2018 | 109 replies
I am more interested in larger deals now from a scalability and ease of management perspective, but it is hard to find much of anything that is a real deal in our local market in the multifamily area and I do not plan on venturing too far outside of the area at this time which limits me.I think the $100/door recommendation people seem to keep giving to new investors is a bit misleading as it is not feasible in many markets in the current economy unless it is a lower rent, lower unit cost not found in most larger MSAs.

8 April 2011 | 60 replies
But if you want a scalable solution to the problem, this is not a good way to go because a pattern of such deals will pretty much seal your fate in a court of law.4.

22 December 2022 | 20 replies
So...the previous owners have created these expectations that, unless you want to keep doing those things (I don't think you do if you're trying to build a scalable business), you have to re-educate your clients about expectations...and some will just leave b/c they want that white glove service (which works for small operators).

30 October 2019 | 10 replies
The scalability is the key factor in going commercial.

19 February 2024 | 9 replies
As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

11 November 2014 | 23 replies
Its just not scalable.

27 November 2020 | 8 replies
Not really a scalable model, but acquiring 2 houses with 5% down and sub 3% interest rates makes sense for me.

8 November 2020 | 3 replies
One point that I wished to understood more about, and that was beyond the scope of the book, was switching to a scalable career.

10 November 2019 | 138 replies
Very scalable business model once you get it figured out.