Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,633+)
Brandon G. Tenant now requesting a receipt for each month's check
31 July 2018 | 21 replies
I might also give them the option of paying electronically, if they are concerned about the checks. 
Nicholas D Greiner How do you collect rent?
1 October 2020 | 3 replies
Venmo is the most popular electronic way by far, at least for me.Then when I buy my next property, I go back to that same bank and they already have the rent rolls from my checking account with them, plus a relationship. 
Sonny Samuelson Shady Property management Need Help
2 May 2019 | 4 replies
You check back to make sure things are completed and pay people.You don't chase rent, you make your tenants send you the money electronically or by depositing into your bank account.If they don't pay you on time or don't follow your rules per the lease you evict them and get someone that will.
Justin Pudenz Short-term rental lock - front door
21 April 2022 | 6 replies
The Schlage was heavier (has to be a good indicator) and from an engineering perspective, the electronics engage a cam that lets the user operate the deadbolt, rather than actually throwing the bolt. 
Phil Janasac Coach house not recognized on zoning certificate
27 March 2018 | 19 replies
The form can be filled out online and done electronically, or you can go to the building dept at City Hall.  
Dan Porath Credit Card Payments for Monthly Rent
19 February 2021 | 8 replies
If your tenants are looking to pay electronically it would also be cheaper for them.
Chai Xiong Anyone see a benefit in putting a Playstation 4 in their STR
30 May 2018 | 14 replies
Other things I put in houses are electronic dart boards, fire pits and horse shoes.
Dannie Barlow How do you do your late fees?
16 March 2015 | 11 replies
I use electronic rent collection via erentpayment.com.
TJ P. Multiple 401Ks to self-directed or other options
1 February 2016 | 10 replies
Following are the similarities and differences between the IRA and the solo 401k.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andThe Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2015; the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)
Quandra Adams Not sure how to handle this deposit situation. Seeking advice
10 October 2018 | 6 replies
They left behind furniture, tables, electronics and a few more things which I and my boyfriend had to remove.