Yashar Fred
How to apply late-rent fees-my tenant has past due rent payment
My tenant has been trying to figure out online payment, her Jun 1 due rent payment was pending for 3 days on the Turbotenant payment portal before it was returned "due to insufficient funds", she had made a second att...
Jason Collins
Is BRRRR for everyone?
I know BRRRR is one of the key strategies on BP. I just wanted to play devil’s advocate and see if my line of thinking makes sense. I have a professional job that pays well, so I have been taking my extra income and p...
Fili Aguirre
How does a property manager collect the rent?
How does a property manager collect the rent and pay you? Do they get the money then pay you? Or they set a payment method with the tenants so they pay the owner directly? Who gets to choose what payment method will b...
Gray Wilson
Rent collection methods
What are some methods being used for rent collection? I have a home office and do not want tenants delivering rent to my home. I'm considering Zelle/Venmo/CashApp etc. What are the pros and cons of each of those? ...
David Sray
Favorite rental payment method?
Hello friends!Thought I'd check in and see what the landlords of the world like to offer in order for their tenants to pay rent? I only have one SFH rental right now, but want to get into more when the deal makes sens...
Lewis A.
What fees work well in your lease
Most of us charge fees/penalties in our leases. The normal late fees, application fees etc. Can you mention what other fees have worked well for you please?Some ideas to start the conversation.We email our tenants all...
William Eric Schaefer
Double Closing (In Escrow) Without Using Funds
I currently have a seller wanting to sell their home, however I am wanting to utilize the double close method where the end buyer funds the whole deal. My question is what contract do I use? And is anyone willing to s...
Marvin Meng
Payment methods
We've been renting properties for a while and have always accepted mailed checks for payments. Given that this is the 21st century, I'm curious what methods of payments any of you have used which have been particularl...
Dee James
Suggested fees for home project manager
I'm going to be renovating a small home. Since this home is in another geography, however, a friend will oversee the renovations and the process of making it ready for occupancy by a relative. The home is in fairly ...
Account Closed
Airbnb property analysis
Total newbie here to Airbnb. How does one go about analyzing the numbers on a potential airbnb property? How do you estimate expenses for cleaning etc? how much potential income it will generate? are there any calcula...