Rental Property Investor · Philadelphia, PA · Member since 2017 · 35 posts · 3 votes
For all my SELF property management investors out there. What's the best way to get rent payments from tenants without having to physically do it and something secure and with a trail?
Rental Property Investor · Sioux Falls, SD · Member since 2015 · 9k+ posts · 18k+ votes
7y
@Anthony Theokary both Cozy and Zillow have free online rent collection systems. I would require tenants to use one of those unless local laws require you to take other payment methods. If you are required to take other payment methods, I would incentive online payment via a monthly discount. Say your rent is normally $1000 per month, I would advertise $1000 with online rent payment or $1010 without. That way you are compensated if you are dealing with checks.
Rental Property Investor · Florida & Shanghai · Member since 2017 · 192 posts · 68 votes
5y
Hello all, following up on this slightly outdated thread. I am partnering with investors to buy real estate in GA and FL and would like to do the property management myself. I understand from BP and other articles that I can do the PM work if I am an owner, but it's not clear about partial ownerships.
If I own 99% or 1% do I still have the same right to property manage without a realtor's license?
Any experience or knowledge on this much appreciated!!