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I first want to start out by saying said obviously credit cards are not the preferred payment method for landlords, but we are operating a business to generate a certain type of tenant for our commercial rentals (musi...
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Has anyone here managed their own property? If so how did you collect rents? I own my own Home Building company and sub contractimg company and just bought some land to build rental units on. It's my first time and am...
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We are closing on our first duplex any day. Should I create a new checking and savings account strictly for rents/expenses? What are the advantages, as opposed to using our personal account which in this first year wi...
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Does anyone have a clause in their property management agreement of when payouts should occur/be processed following monies received? My property manager takes a few weeks to process payments after receiving tenant pa...
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Hi! I am a U.S. Citizen living abroad and I just purchased a property in Baltimore, MD with existing tenants. I have a trustworthy friend who will be JV'ing the property management. He will be collecting the rent v...
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So here is my current situation. I am not a landlord yet, but will be one within the year. I am trying to set up things ahead of time so we are prepared. At the moment, that means figuring out a property management so...
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Just got my first 4 unit with tenants still in lease. They currently drop the rent checks in a drop box.
Any idea of how to switch this to an automatic payment instead, even though it is not mentioned in the leases.A...
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It’s 2021 so I know someone has the best way for tenants to pay rent. Ideally, I’d like mine to pay electronically! But what is the best way? I want the money to drop into an account that is associated with my rental ...
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Anyone ever used modern apps like paypal, venmo, etc. to pay contractors? Any contractors accept these modern payment formats & have advice on convincing someone to take the time to set it up to accept these payme...