Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
I’m at the stage where I need to get my finances more organized. Previously I had one property and one bank account but now I have three- one just finished a rehab and the third the rehab is underway.Two use a PM but ...
John Sampson
Self filing taxes for small property management company
Hello, let me start by admitting I know I should have had an accountant do my taxes! I have a single member LLC for a property management company. The company collects all rents, so I have 1099 MISC from several agen...
Hayk Matevosyan
Self Managing Properties
Hi Everyone,We are in the process of converting the property we live in (originally single family home) to a 2 family house, with the intent of renting out the second unit.We plan on managing the property ourselves bu...
Anthony Wick
PayPal is free, unless your tenant can’t follow instructions
I know there’s a ton of posts and questions about how people collect rents. I’ve been using PayPal for quite a while. It’s free to landlords and tenants, and I get my money within 24 hours (the first time rent payment...
Dan Chandler
Paying Tax on Rent
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
Walter Hankins
Need Suggestions of duties for a part time MHP manager
Does anyone have a managerial duties list for a part-time after hours MHP manager.
Ari D.
Collecting rent payments
Hi fellow landlordsI just purchased a rental property and would like some help in understanding what is the best and the most effective/lucrative way to collect rent payments? I have heard business checking accounts i...
David Jay
Prop. Man. request we pay his fees even if tenants don't pay rent
I just got a letter from my property manager who manages eight single family properties that I own. He is requesting that all owners pay the full fee they would normally pay even if the tenants don't pay rent. Our s...
Ping W.
potential tenant with high income and many collections
I have a potential tenant who is a CEO of a small company so he has high income but I found 6 collections account when check his credit report. Many of the collection account has a small balance. He could easily pay o...
Daniel Pessin
Landlords - how do you receive automated rent payments?
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...