As an owner, what options do I have regarding where my property manager tracks the rental revenues? I have an accountant so I'm curious if they are allowed to send all checks and invoices to them.
As an owner, can I...
Hello BP Bretheren,You have helped me a lot in the past and I am very grateful. One question I have for today...I am transitioning to having a PM manage my properties for me. Among other things, they are asking for my...
My title company in NWI has two files of mine and mistakenly sent two draws to the wrong person. The person they sent the money to already spent it and says they will pay it back but keeps missing the deadline. The ti...
Does anyone out there accept rent payments through their website? Heres what I was thinking about doing and I would love feedback and/or advice from BP members.Im in the process of purchasing a commercial building wit...
I am a seasoned SFR investor and am under contract to purchase a warehouse space (16,000 sq ft).   We will be leasing spaces to individual tenants.  I have spoken with an agent who has worked exclusively in this spac...
Our CA company routinely offers property for sale on the MLS. The way it normally works is;Â
We sign a Purchase agreement with a seller.  Change the "Active" status to "Active under contractWait for the Buyer to sub...
I purchased a property with existing tenants. Currently, each of them puts their rent in a dropbox. We changed this method to an online system. All of our tenants have signed up except one, who refuses to use the syst...
Hey guys,
I am in the process of getting my first quadplex and am wondering how everyone is collecting rent. Are their good apps/software? Are you directly drafting from account? Check?
Thanks!!
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...
Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...