Real Estate Rookie How to Make 3% More Rent Automatically (Takes 5 Minutes) (Rookie Reply)
Oct 24, 2025
Discover how to optimize rental income management with insights on banking strategies. Learn effective techniques to find deals in competitive markets like Chicago. Dive deep into evaluating a potential short-term rental purchase, including cash flow analysis and hidden costs. Get practical tips on where landlords can securely stash their rental income for maximum returns. Tune in for expert advice that can help enhance your real estate journey!
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Put Rent In Interest-Earning Accounts
- Move idle rental income into high-yield savings or landlord-focused banking platforms to earn real interest.
- Use accounts that support rent collection and bookkeeping automation to simplify cash management.
Use Landlord-Focused Banks
- Use landlord banking platforms like Baselane or Relay for automated rent deposits and bookkeeping.
- Prefer liquid high-yield savings within those platforms over locked CDs for operational reserves.
Prioritize Liquidity Over Small Rate Gains
- Interest rates on savings fluctuate with the fed funds rate, so expected APYs change over time.
- Prioritize liquidity for operational cash rather than chasing slightly higher but locked rates.
