Updated over 9 years ago on . Most recent reply
New investor in Lincoln, nebraska
My wife and I have our first single family buy and hold property and we've managed pretty well so far, but need to learn more before we acquire more properties. We are going to stick with single family buy and hold units for right now.
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Josh; this is our first property so we're pretty small time. We've had the same tenants in the house for 2 1/2 years and they have rent set up through their banks bill pay service so we get a check usually on the 30th of each month like clockwork and we put that money in a separate account we have set up just for the rental. We used a screening service and if have to look back at our records to tell you exactly which one but that was very helpful.