James S.
Good autopay for non tech savy tenants?
Im fairly new to the landlording world my family has been doing this for decades and they still collect rent the old fashioned way by driving door to door calling renters and waiting around for hours. Its brutally pai...
Jessica Schonter
Now I have two applications.
You guys have been absolutely amazing through this whole process. We are hopefully close to sealing the deal soon.We have now two applicants. Both seem to be a good fit. Both applied within minutes of each other. Both...
Matt Berte
Down Payment Methods
Hey all!Struggling with coming up with a down payment on my second rental property (don’t have enough equity in my other property for a HELOC) A home loan Amy work but those are harder to come by in Rentals? I am tryi...
Jeff Lawlor
Bookkeeping: How Do I Split Personal and Business Expenses?
I have an ADU next to my primary residence and often buy things for both units. I'm using Stessa and looking for the right way to record only the business expenses.Here's what I'm doing:1. Enter an inbound "owner cont...
Yan Do
Where to temporarily keep a large amount of money after selling?
I am going to sell my home and buy a new one. After I sell my home, where should I temporarily keep the large amount of money (>$500k) until I buy the next home? Should I keep it in a high yield savings account?
Matt Batson
Rent collection with local bank savings account
Hello, kind of a newbie on here...We have just landed our third rental, and now have three tenants (two in a duplex and one SFR).We are looking to make rent collection easier and were planning on doing the following.....
Todd Bullinger
Returned security deposit not cashed
I was curious to know, as a landlord, how long to we have to wait for a on a check to be cashed for a returned security deposit. We returned our security deposit for our ex-tenent on December 1st 2011. Yes, that's 2...
Frank S.
Security Deposit, Check Not Cashed
The Chicago Ordinance is very strict as it relates to security deposits for non-owner occupied properties. Many, request move-in fees instead.What happens when a check used for the deposit is not cashed? Is that a v...
David W.
Cash rent deposit at bank
We have three tenants that pay each month with cash. Prior to 2/1/18 Bank of America accepted a cash deposit directly into our property account. Now the bank will not accept cash unless the person depositing is list...
Bob Romano
Deposit on a cash offer?
I am about to make a cash offer for a SFH, my realtor insist that I still have to put at least 10% down ( he wants 20%) I said " why do i have to put anything down when we will be closing in 10 days on an all cash dea...