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Most of my units are managed, but i am buying a 4 plex my son will live in with 3 roommates at college. He will manage it but i want to automate the rent collection and late fee assessment. Would be nice if they als...
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I am looking to electronically collect rent for tenants who are under banked. I have cozy.co set up, but does anyone have suggestions other than cashapp, Venmo, etc. I’d like to do this without a PM. Thanks!
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Anyone can recommend collection agency for individual landlords.I had a delinquent tenant owing 4 month of unpaid rent. Received a judgement. Now looking to collect. It seems most collection agency work with business....
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HelloIn June 2019, we got a court order and evicted a bad tenant who did not pay rent for 3 months just for the sake of not paying and had no other issues. The tenant left after the court order and my property manage...
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Good morning, We have 19 tenants and manage the business via Quickbooks. We have about 70% who have agreed in writing upon signing the lease to pay via ACH/direct debit which is great, however, I am trying to add some...
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Hello everyone I recently purchased four rental properties. I am looking for input on how everyone collects rent. I do have a local bank where tenants can deposit rent. I am aware of Venmo but I’m curious what everyon...
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According to the latest data collected by NMHC (https://www.nmhc.org/research-insight/nmhc-rent-payment-tracker/), May's rent collection came in at 80.2%, which is better than April (78%), and not far behind May of 20...
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Hello BiggerPockets, I have a question in regards to collecting rent... I own a handful of rentals and find myself wasting time between the 1st-5th of every month collecting and depositing rent. We've always had the t...
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What is your process for collecting rents. I currently have a 4 family home that I inherited tenants and they are used to paying in cash for their rent. I am working on doing away with taking cash and would some feedb...
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BP Friends,How do you guys collect your rent? Do you have an automated way for your tenants to pay or do you accept checks or cash. I am closing on my first duplex in a couple weeks and I am trying to get all of my du...