Some investors also ladder short-term Treasury bills (T-bills), especially in high-tax states like California, where federal T-bill interest is exempt from state income tax.The key is striking the right balance: you want your emergency fund to grow modestly but still be accessible when (not if) a tenant stops paying, the roof leaks, or the furnace dies mid-winter.Don’t just let your reserves sit idle.

You can set up keyword alerts which will result in you receiving notifications each time a location (i.e.

@Kody Smith We use AppFolio and overall, we’ve been really happy with it.What we like:Super easy listing and background verification processACH payments make rent collection smoothBuilt-in CRM for handling maintenance ticketsTenant messaging option (so we don’t have to give out our personal phone numbers)If you have the budget, their Smart Maintenance feature is worth checking out — it routes tenant calls through a call center and sends notifications to you, which really cuts down on handling small tenant issues yourself.What could be better:The accounting side could use improvement.

Most are not. 

Maybe just turn the notifications off and your life willbe simpler haha

Appreciation is the part that rewards discipline years down the road.I’d much rather buy assets that pay me every month whether the market cooperates or not.

Why or why not?

I should know today if they will agree or not.

Get a steady source of money flowing in regularly and then go for it.You have zero money for back-up when something bad happens (note that I said when, not if)IMHO, you are setting yourself up for failure.

@Karla SosaWe use AppFolio and overall, we’ve been really happy with it.What we like:Super easy listing and background verification processACH payments make rent collection smoothBuilt-in CRM for handling maintenance ticketsTenant messaging option (so we don’t have to give out our personal phone numbers)If you have the budget, their Smart Maintenance feature is worth checking out — it routes tenant calls through a call center and sends notifications to you, which really cuts down on handling small tenant issues yourself.What could be better:The accounting side could use improvement.