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27 March 2023 | 15 replies
In SD, unfortunately, things move with legal muscle.
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27 July 2022 | 6 replies
My biggest concern would be getting the clear to close, and the ACH payment via Plastiq be declined from either the credit card company or not accepted by the title company.
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16 March 2021 | 37 replies
A bank check or ACH deposit can be cancelled after they move in.I would personally pass, but if you are considering, make sure income, credit and landlord references check out.
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11 May 2023 | 4 replies
@Fili Aguirre but yes wire transfers are same day transfer to different banks thru the ACH system and usually comes with a fee around 30 bucks (as far as I know, not a banker).
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31 August 2021 | 39 replies
Unless there is a responsible party other than the tenant or landlord, it will never speed up. http://www.vericheck.com/ach-return-codes/
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11 May 2023 | 1 reply
Their payments are then ACHed to your bank account.
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30 March 2020 | 9 replies
Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants waived ACH fees and additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).
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16 May 2023 | 13 replies
I had a similar situation with a duplex with one side going vacant I dumped as it had capx items coming, always head ache tenants and on a street I didn't want to be on anymore.
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24 June 2018 | 77 replies
If you never get the cash flow that is estimated, you aren't coming out ahead.I just wrote this this week, and it's a slightly different question, but it hits the problem with sketchy areas-https://www.biggerpockets.com/renewsblog/buy-a-che...Bad tenants, in my opinion, are the absolute #1 problem when it comes to actually getting the cash flow you are estimating to get.
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18 May 2023 | 2 replies
We will supply our ACH and W9 from our LLC to the company and they will pay us like a vendor.