Feel free to PM me at your convenience.Once again, welcome, and I wish you the best in your real estate investing career!

I renamed it Tenant Invoice Not Paid because it lets me see how much money is still owed to me at any given time.Make sure you choose Accounts Receivable in the Account ColumnMake sure you enter the rental amount in the Debit ColumnMake sure you type in the tenant's name in the name columnSecond Line type in the bank name or choose it from the list because we are going to backout the money that bounced.Make sure you choose the Credit Column and type in the rental amountMake sure you choose the tenants name in the name columnStep 2:  Billing your tenant for NSF fees and Late FeesBecause we did a journal entry for the rent that bounced, the old invoice, the original invoice is still outstanding and active. 

Where I live you are in some pretty rough neighborhoods if you're looking at anything under 300k, and that's true 2 hours in any direction from me. At

Feel free to PM me at your convenience.Congratulations once again, and I wish you the best of luck in your real estate investing career.

I was driving there and he asked to meet me at an intersection near where he works. 

(Scenario): I find a seller, he agrees to sell his house to me at a good price, I plan to assign the contract to an end buyer.

With 4 people, risk is spread and there's enough meat on the bone if we buy deals right.

Hey Nick,thanks for for welcoming me!at

My favorite expression in cooking:  first you get the pan hot, then you put the meat in. 

In fact, it's standard to "leave meat on the bone" for the next buyer, so they deliberately will not complete every possible improvement to the property, and then the property can be marketed as such to the next buyer, along the lines of "25 units have been upgraded and the rents are $50 higher.