Yea. The first transaction with the tenant is very similar to an email money transfer. After that, everything is set-up and noone has to answer any security questions every month. It just does the transfer.

Nope. I am not affiliated with Plooto in any way. I implement cloud based accounting and office solutions for real estate investors across Canada to lower their paperwork, administrative work and save them time. I'm just a real estate investor that have seen first hand the paperwork issues and...

I highly recommend Plooto(Plooto.ca). You can do automatic withdrawals from or to bank accounts on a schedule(i.e first of every month). It integrates with Xero accounting software to automatically reconcile your Receivables and pay your Vendors. Its cheaper then email money transfer. YOU...

Many of my real estate clients use Xero. Xero is great for real estate investors and allows for integration with an incredible array of cloud softwares that facilitate a real estate investor's life(Plooto, Hub Doc, Simple Pay, etc). Honestly, they're all good(QB Online, Sage, etc). If you're on...