Anthony Spallone
What's the best way to keep finances separate for different units
Hi, I own three properties with eight units (we live in one). The first property has three units, the second property has three units, and the third property is our primary residence with a unit. We have decided to no...
Manco Snead
Problems with OOS Property Tenants
Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Xavier Hamblin
Collecting Rent Online
How are all the landlords settling up mobile/online rent payments? PayPal? AHC through a local bank? Any direction would be greatly appreciated.
Luka Milicevic
How often should you communicate with your tenants?
Hello BP community,I am a newer investor. I only own 1 townhome and have my first tenants living there for about 3.5 months. They moved in June 1, 2015. They called me for a repair around middle of June. I went out to...
Jason Mcdaniel
Ideas for automating rent collection and mortgage payment?
I recently bought my first investment property (single family) and am looking to find an automated method for my tenants to pay their rent and also for me to pay my mortgage. I've read that PayPal charges unless i...
Aldin Tirak
First Time New construction Mess
Hi Everyone,
Pretty new to BP, I’ve had some time to check out some of the content, and I’m very impressed t this great community and the resources available.
I am currently working on a sub division in WA state,and...
Lucas Bennett
Just got our first water bill... so let's talk about Sub-Metering
Dear BP Family, I know this isn't the most flashy of topics, but here is the situation I am in: My company recently purchased a 7-unit property in Portland, OR (Keyword alert: 'Portland' is being discussed on biggerpo...
Bryan Casteel
Get Rent Paid On Time More Often
I just went and saw a brand new "guru" speak today. Her name is Missy McCall-Hammonds and she is a big landlord in Butler County, OH (Dayton, OH area). Her new course is getting launched at the Millionaire Makers Co...
Alecia Loveless
Inheriting Tenants Help with Introduction Letter Please
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
Vitaliy Volpov
Streamlining Rent Collection
Hey guys! I am looking for some advice and suggestions on streamlining my rent collection efforts. I currently own and manage 9 rental units. In any given month, 5 out of 9 mail me checks while the others pay me in...