
3 July 2025 | 4 replies
It's written into the lease that tenants must deposit their rents into that particular account (either by online bank transfer or by walking in a check/cash); I do not collect rents directly, nor would I if anyone asked.

24 June 2025 | 5 replies
How much you choose to pay out to yourself as the owner is a separate transaction—not part of cash flow calculation.So when they say:Cash flow = $6045"Actual cash flow" = $2845 (after removing deposits again)…that sounds like either poor formatting or someone trying to get creative with terms that shouldn't be flexible.If you're open to it, I’d ask the PM for a line-item ledger or owner statement that shows actual rent collected, deposits received, expenses paid, and funds disbursed.

1 July 2025 | 17 replies
Another vote for Baselane - it's a great platform and nice that it has banking, bookkeeping, and rent collection all in one place

30 June 2025 | 4 replies
I send mine to collections.

3 July 2025 | 3 replies
How can you best collect without hiring a lawyer As mentioned you can domesticate it but I believe you are still going to need an attorney if you are going to attempt to collect on it.

23 June 2025 | 0 replies
View report**Practice deal I ran as part of BP's 7 Deals Challenge.** I typically jot down quick numbers like this on a property within my buybox.

23 June 2025 | 0 replies
View report**Practice deal I ran as part of BP's 7 Deals Challenge.** Last one!

6 June 2025 | 27 replies
This is an extremely unusual practice, never seen this in 15 years of my investing career.

17 June 2025 | 4 replies
Much of the reduction from $54 to $44 was slowing down the collection of this reserve fund.

23 June 2025 | 8 replies
Here's where it gets practical: Negotiate!