Has there been any discussion here yet about governments potentially ceasing ability to collect rent for a certain time frame during this Covid pandemic.

For me, an LLC collecting my rents has been useful in showing the income in case you need a loan now or in the future.Hopefully, everyone survives the storm.

I’m in negotiations on a duplex here on Long Island that I can purchase for $425,000 and collect $4,500 gross per month with minimal Capex.

The bondholders get their payment and the servicer foots that advance bill while still having to capitalize collections. 

His company GC realty does a great job and covers most of the Chicagoland area.However, ff you are interested in self-managing at ALL you should definitely check out our platform NestEgg which offers automatic rent collection, tenant finding, and most importantly we offer a full-service maintenance service. 

Just closed on a multi family and was wondering what is the best way to collect rent online ?

Take a lot of pictures of the condition they left it in so you have those if you do need to take them to court.As mentioned, typically when you get a tenant like this, you will have to fight to collect anything and may not be worth it. 

Driving for dollars: It's finally in the 40's (I know, MN...) and I've got a few motorcycles collecting dust in the garage.

If they qualify, I'll see if they still want to move forward and collect the application fee.

Not a standard savings account or some collectible, but in some sort of long-term investment vehicle.