Is it possible to setup an automatic transaction each month from the tenant's checking account into my account for rent collection? I imagine that the tenant's bank needs a voided check from me in order to start the ...
Hi everyone!
So I just put in offer on my first investment SFR. From what I understand I should be opening a separate bank account for everything that has to do with the rental financials.
My question follows; i...
My question is whether it is a good idea to give my Tenants my Business Banking Information (Name, Account # & Routing #) so that they can make Direct Deposits and Online Payments directly into my Bank Account. I ...
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
Hey BP friends! I got pulled into the BP vortex last month; I became an avid listener of the podcasts and knew immediately that I had to be involved in the community.At this point, I’m searching for the best means of ...
I have one rental property, and am about to get one or two more. I've got to get official about this business now and am looking for opinions on your bank. I'll be opening an account just for the rental. Obviously if ...
Hello, my friends, I am using QuickBooks, maybe you know other programs that are better or more functional. Thank you for your replies!
Looking for recommendations for either accounting software rental management software to tract my expenses and use for taxes.
I looked at quicken rental manager might work since I’m the manager for my own apartment b...
What suggestions do you have for good accounting software starting out for keeping the books on investment properties? I would only have one small investment property (6-10 units) for now. I love a good spreadsheet an...
My tenant recently requested my bank info so he can do an electronic rent payment. I'm guessing he will need my routing number / account number. I'm hesitant to give it out without first consulting here. Anyone kno...