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Results (10000)
Austin Smith Best way to run financial operations for landlord business
6 October 2017 | 11 replies

Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...

Joe Xie Direct deposit rent bank set up questions
15 June 2017 | 23 replies

One of my tenant inform me that she is switch banking, as a result, she need set up new ACH to pay the rent. The process include she initiated a try deposit into my bank account which it went through. After I told her...

Marvin Meng Self Directed Roth IRAs
29 April 2020 | 18 replies

Hi BP-ers!Recently my REIA hosted a speaker from a firm who write self-directed IRAs. This seems like a valuable tool for investors but when I spoke to my accountant about it she said they could only be opened by indi...

James Viglione Question lenders! Will a large cash deposit cause issue w/ loan?
11 January 2023 | 11 replies

Question for all you knowledgeable & helpful lenders out there!
Over the years, I have a semi-substantial sum of cash saved that I’ve been storing in a safe. Now that I’m looking into purchasing an investment pr...

Hunter Harms Checklist for accounting and legal affairs to have in order?
22 January 2018 | 5 replies

Whats up BP!To begin, I am a soon to be real estate investor with enough of a nest egg to begin my first deal here shortly. I have been obsessing lately over books, podcasts, webinars, etc and am starting to put the p...

Shaun Reilly Cash offers Vs. Waiving the Financing Contingency
18 November 2013 | 7 replies

Do people feel that there is a difference between "Cash offers" and waiving the Financing Contingency?

I often see people talk to people like they are the Spawn of Satan if they say they are making a "cash of...

Nik Moushon Who uses Cozy.co for online payments?
6 August 2019 | 4 replies

Looking to see how many people use Cozy.co to take online rental payments? I've only used it for one month and it seems, at least to me, that getting payments takes FOREVER! It took 8 days for the last payment to go t...

Kevin Bazner Property Management Payout Clause
26 May 2023 | 4 replies

Does anyone have a clause in their property management agreement of when payouts should occur/be processed following monies received? My property manager takes a few weeks to process payments after receiving tenant pa...

John Murphy Our tenants pay their rent at our Bank and we want to change this
17 November 2017 | 7 replies

Hello everyone I'm a Property Manager of 15 apartments in a small town.Tenants pay their rent at our bank.   90% of our tenants pay with a check.I would like to set this up so that Tenants may pay their bill online.Ar...

Evan Tuuk Updating Commercial PM Systems from "Mom & Pop"
16 September 2021 | 9 replies

I am looking for advice on updating some systems with a commercial building I help manage. Basic intro - I starting working for a local investor/property manager in my small town as a kind of personal assistant. We ma...