Sometimes you have to look at (at least electronically) 100 houses, to make offers on 10, to buy 1.  

I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...

Tags: electronic payment, rent collection

And the best reason is that by coaching you, he/she will also benefit (financially of course) A few years back, I was able to structure a win/win with a fund manager and learned from him how to raise capital using different electronic platforms, (the paperwork and contracts alone that I got from him saved me over $25k) and I also learned how to structure the contracts with established developers with certain assurances for delivery of end product.

Funny enough, when it came down to signing the docs today, and getting the closing funds transferred, my printer/scanner broke and my bank wouldn't let me wire the money electronically.

Inspect the house, determine how much work there is to be done and at what cost, determine if there are any hidden costs associated with the auction, transfer tax, electronic fees, etc. the type of deed you are going to receive, and now you can determine what price the upper limits of your bid should be.

Find an agent that does some form of electronic contracts.

that some investors have used electronic door deadbolts with the buttons for the passcode as well as the key slot, to eliminate tenants from calling you to let them in if they forgot their keys etc.

The solution there was to switch them to electronic payments which was a night and day difference, they haven't been late since.

On your lease agreement, you can write in/select electronic deposit as the method of rent payment.