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I'm purchasing my first property and will (hopefully) be renting it very soon. Is the most common method of collecting rent just having your tenant mail the check, requiring that it be received by the first of the mon...
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In 1998 I purchesed a VA Foreclosure as an investment, and was collecting rent from it. The VA sold the loan to Season's Mortgage, then Season's sold it to Countrywide Home Loans. I had a fixed 30 year loan for $708 a...
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I'm working on my Florida lease and trying to figure out how to have generic statement in the lease that would allow for rent payment options such as direct deposit / ACH transfer / online payment (Cozy, erentpayment...
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Hello all,I setup an account with erentpayment.com today. It seems like a good service. However, my only issue is with the deposit to hold payments and the initial move-in payments. I would like to have tenants pay...
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Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...
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Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
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Electronic Deposit for rent tenant claiming mistake was made my understanding is if the money is not in the account I provided by the due date mistake or not by contract rent is late. This is not my current situation...
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Hello, I just bought a duplex that I'll be living in one unit and I already have a tenant that rolled over from the previous seller who will continue to rent the other unit until the end of their lease. This is my fir...
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Hello BP members!I'm hoping to get some answers to the following PM questions I have, any insights would be greatly appreciated!1. Are most PM making mortgage payments for the owner; what percentage of owners have yo...
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Hi BP!New self managing landlord here. I'm going to be signing up with Cozy/Apartments.com and love the idea of tenants paying online. In CA we can't mandate they do so, so how best to encourage them to do so? Can th...