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Best avenue to add an electronic option to rent collection? I know I have seen previous posts on this topic but I cannot find anything by searching. I recall there are some online services to automate rent collection ...
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I'm seeing a lot of posts about paying contractors. But most are 4-8 years old.
I'm looking for the best ideas for actually delivering money to my contractor in 2020. Venmo? Paypal? Check?
Thoughts?
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Dear BP family,I am not a big landlord, so I don't have fancy and sophisticated management software. I was wondering, what is the best way to accept rent? How are you accepting rent?
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Hello BiggerPockets family. We are working with a landlord, managing one of her tenants as a way to gain experience for when we finish renovating our property. I remember in Brandon Turner's book, he said one way to...
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My bank account charges a $15 wire fee when the property management company sends me rent income. Does anyone have suggestions for banks that don’t charge wire fees and have low minimums?
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I received an email from Cozy stating that a tenant disputed their rent payment/marked it as fraudulent with their bank. Cozy then reversed the payment, which had already been deposited into my account, and withdrew i...
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Hi All,So I am a very small time landlord and I use Apartments.com (formerly Cozy) to collect payments. This morning I got an email saying that they want my SSN to report any income I get over $600 to IRS. I have alwa...
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Alright BP world, I need some helpful advice on my 1st rental. The rental has been renovated and the right tenant has been found for this single family home. I will be meeting with the tenant on friday to sign the lea...
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I want to switch over to collecting rent electronically. Do landlords use Venmo? I looked into quick books but it costs money to have it and I only have two properties. There has to be a better way in this day in age ...
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Thoughts on pros and cons on collecting monthly rent from tenants electronically (Zelle, Cash App) vs cashier's check or money orders?