John Smith
Any suggestion on how to collect rent?
Looking for any advices what you use to collect rent? Checks, Cash, Money Transfer, Cash apps?
Greg Boney
Cost plus percentage or cost plus fixed?
Hello BP,We are getting ready to begin our first rehab. It will be quite extensive (for us) as the property is in need of major renovation. We are wondering what is the recommended payment method when dealing with a...
Robert L.
Journal entry question for owner financed note
I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...
Peter Sik
paying echeck for property management, SAFE?
Is it safe to use eCheck? PM is asking for payment, and one option is eCheck. Otherwise they charge like 3% for credit card.I am wondering if someone use my bank account number and router number there, they can do wit...
Rickina Velte
Hello! I'm new...can someone explain what House Hacking is? Thank you!
I'd rather hear it form people in the trenches actually doing it vs seeking out 'guru' answers on Google. Thank you in advance, I'm in the Hampton Roads, VA area. Hoping to connect with other local active investors.
Ben Daniel
Requiring online payments with a debit card - and it made the news
Just saw this story pop up on my local news site:http://kxan.com/2014/07/28/east-austin-tenants-for...Is this a national trend, requiring online payments in lieu of any other payment method? If so, is it being met wit...
Nicole Heasley Beitenman
I have a deal and want to offer, but I don't know where to start
Hi BP!The house next door to mine is for sale. The previous occupant was a good friend of mine, so I've been in the house many times. It was in good shape but outdated. After he vacated, his landlord sold it, and the ...
Tenzin D.
First property, trying to find a tenant
I have wanted to invest in rental properties for many years and finally bought my first property last week. I have posted advertisements on multiple websites (Facebook, Zillow, apartments.com, etc). It’s been 5 days n...
Syed Firoz
Should i evict Tenant?
I have been dealing with habitual tenant who always pay rent late. Per lease, my tenant supposed to pay 1st day of the month which my other tenants do. However, this tenant always paid late 2-5. I let it go without ch...
Sam Adcock
Best Alternatives for Rent Payments
I am in the process of closing on the purchase of an 8-Unit apartment complex in Florida. Each unit has four bedrooms and four bathrooms. The property is within 1 mile of a major public University. Each of the bedr...