Me and my partner are closing on our first investment property and we're wondering what everyone uses out there for software/technology that's reasonably priced and user-friendly to help manage collecting payments, utilities, and those sort of things for their tenants.

Hi everyone, I’m Alex—a small‑landlord‑turned‑developer with a passion for simplifying property management through technology.

.: Quote from @James McGovern: I have family members that work in information technology who figured out that if they could identify subject to they could get the banks to call the notes and  time their offers to take the property at a discount.

To maximize your results and ease management, focus on these key aspects:Build a strong local team: Reliable property management and trusted contractors are crucial for remote success.Leverage technology: Automate tasks like rent collection and communication.

Identify the leverage, and buy the fall. 

Traditional brokerages offer floor space, marketing materials, technology like CRM, etc.

., have invested so much money in these technologies that they are now able to correlate data with what you are looking for.

Cost Implications: New systems using A2L refrigerants will likely be more expensive due to the new technology and safety features.I am not against reducing greenhouse emissions, but it seems like we are really barking up the wrong tree with AC refrigerants - meanwhile, we are burning more coal than ever, I believe 8 billion tons per year, and we are trying to save the planet one AC system at a time...

@Susan Kang going to guess you don't have as much energy as you used - which covered your disorganization issues.Hiring a PMC, and making it a successful relationship, is all about finding the right match.What works for one property owner, won't work or be acceptable for another.You're CHALLENGE will be finding a PMC that compliments you - keeping you organized, NOT looking for one that will exasperate your disorganized tendencies.Regarding your previous experience of the $100 in rent difference, technology makes this more difficult to mess up.The real question is, how much is offloading 95% of your headaches worth to you?

Quote from @Deborah Wodell: Quote from @AJ Exner: Hey Deborah,I know of a group that will go up to 65%, but you are definitely looking at reduced leverag e.