A simple example I have used before illustrates this point.  

In a perfect situation, the payment will still be delayed (even if by hours) using this additional system.And secondly, many of these vendors have "clawback" provisions where, in their terms of service, you give them permission to go back into your account - even weeks after the fact - and reverse a deposit that was made by your tenant.My system is simple, allows for tenants to pay through multiple means, and does not cost me anything extra.

But owning 29 houses seems to be an easy number to self manage so I think I’ll hold off on buying anymore and keep it simple with what I have.

The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!

Why do you want to work with agents who don't understand simple things like owner financing in real estate, it's really simple.

If you do not have those it will extremely hard to ever sell it to someone who will require bank/lender financing or refinance it down the road if you want to pull out cash on the ARV or future equity.The other rule of thumb is that you buy it New and that it was never on another property or location, simple built onsite or trailered in from warehouse. 

We go by a simple concept, just do what you agreed too in the contract, nothing more, nothing less - if that happens then we all win.

Working with a bank on a short sale is not as simple as it might seem - most have never seen the property and are looking at spreadsheets alone. 

Keep your first deal simple, and don’t be afraid to reach out if you need help or want a second set of eyes on a deal!

As easy as this sounds, it's not simple and usually like pulling teeth.