Your most time-consuming tasks will be answering tenant calls, facilitating maintenance requests, screening/placing tenants, contracting, and rent collection. 

It’s free, handles rent collection, expense tracking, and gives you clean property-level financials for taxes.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Some tasks, like leasing, require more upfront time, while others, like rent collection, are ongoing but minimal if everything runs smoothly.

I assume it will spend zero the last few months while collecting 100’s of thousands. 

hey y'all. i have a buyer who wants to purchase using her self-directed 401k. she told me that she was advised that she would need to use a nonrecourse loan. i don't have experience with this, so i would love any insight i can draw from the collective here. does anyone have experience buying with their self-directed retirement account?

If that's in the stock market, financial experts say that to be $500/mo.Stock market of course is liquid but I'll keep multiple six figs liquid just for safety.In a recession I'd sleep much better at night collecting monthly rent rather than have terrors about the stock market.

Confirm Rent Roll + Property-Level DataMatch lease agreements, deposits, and collected rents to your books.

January tends to pick up, so if you can get ahead with marketing and photos, you’ll be in better shape.When you start screening tenants, pay close attention to any prior rental-related debts, open collections, or bankruptcies...those are some of the biggest red flags you can catch early.For leasing, get your listing on as many platforms as possible (not just Zillow), and respond fast to every inquiry.