I have a question pertaining to water bill payment and responsibility.  I own a condo and the tenants are responsible for paying the water according to the lease.  My last tenants were not consistent with paying the w...

Hi, new investor here. I bought my first turnkey SFR back in March if this year. It’s cash flowing beautifully and the funds are deposited each month in a separate checking account that I opened for just this purpose....

I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...

Hi all landlords,

What are the different no cost/low cost ways to collect rents from tenants ? Planning on kicking out my Prop Mgmt company and save some green !!

I read about PayPal but for some reason am not a fan...

Morning all!I own a rental property in Evansville Indiana, and it preforms fairly well.  I do have a issue that's rearing its ugly head now.  One of the units lease is up March 31.  They called before the 1FEB to let ...

When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account?  Do you lump them into one account and then dip into it when a vacancy or other expe...

Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...

So we found a prospective tenant that we like but she is going on vacation and i will not have time to get her underlease before she leaves. Is there some type of retainer agreement where she leaves a deposit and if a...

Does anyone know if when a security deposit and/or last month's rent is transferred to the new owner at closing are you required to send the tenant a notice that you now have their deposit? We had that happen and we d...

Hi,
Just starting out as a landlord (with a single property), and wondering what the best way to set up finances is. I currently operate out of my personal bank account, but was told it's a good option to set up a se...