My banker is too busy for me to hassle her on that.If you have a multi unit you can nominate 1 tenant to collect all the rent and mail it to your bank or PO Box.

Hi Everyone, If I only have tenant's birthday, driver license number, and phone number, can I still have a collection agency to help me to collect the delinquent rent?

Hi @Emily Gowen, whether you should sell comes down to what income (both cash flow and appreciation) you could realistically expect from the properties in the next X number of years vs. the amount of money you could make by selling now and either reinvesting or just sticking that cash in the S&P and collecting your 6-10% risk-free returns YoY.

Collecting rent rolls, walking properties, learning who's doing the best in our sector/niche and how they're doing it, finding partners, all of these things I'm fairly good at, as I've been doing this for my recruiting agency for the past 3 years.

(We are working on a generalized survey to collect info on our buyers/potential buyers so we can make sure we understand who our customers are while trying to dial in their preferences and patterns.)You are doing great things. 

Basically, they suggest to buy a property with very little money, collect the cashflow, then refinance to pull money out of the property, buy more real estate for more cash flow and quit the W2 they hate.The first flaw is that a lot of the books written before 2020 will tell you to analyze more deals until you find one that cashflows.

Why spend 12% for someone to manage a property in good shape where you just collect rent and respond to an occasional need?

They can also collect rent for you. 

For example, if you don't specify if a certain item is reoccurring or 1 time, you can't collect it.

@Donald Hatter We send the information to a collection agency who attempts to recover the money; after they make several attempts they place it on their credit report.