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3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system: ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?
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1 August 2024 | 71 replies
Oh dang they meant they got an entire 2 bedroom apartment painted for $300??!!!
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31 July 2024 | 13 replies
You can add your bank info to hemlane and once you get invoiced hemlane pays from that account.
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30 July 2024 | 3 replies
Maintain Accurate Records: Keep detailed records of all payments made to contractors, including invoices, payment receipts, and copies of the W-9 and 1099-NEC forms.
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1 August 2024 | 12 replies
For months, I couldn't even figure out where the invoice locator was on the dashboard.
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31 July 2024 | 9 replies
You can invoice them monthly and collect like any other vendor.
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28 July 2024 | 7 replies
Or just have the tenant billed directly if they will also send you a copy of all invoices to prove they are being paid.
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26 July 2024 | 6 replies
The transaction to pay the renovation guy worked fine (I provided an invoice from him to Plastiq).As Kerry Noble said above, they do seem to have "tightened up" their terms.
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27 July 2024 | 108 replies
Dang, that almost feels like an insult lol.....
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23 July 2024 | 0 replies
Store with us month-to-month, and we’ll invoice you on the same day each month.