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Updated about 1 year ago on . Most recent reply

User Stats

71
Posts
59
Votes
Aaron Bard
  • Investor
  • Bangor, ME
59
Votes |
71
Posts

should I spring for BP Pro?

Aaron Bard
  • Investor
  • Bangor, ME
Posted

So here I am. Less than 2 months into my first house hack, and in the midst of moving, renovating, and searching for more deals; keeping track of my tenant's signed paper leases is already proving to be a struggle.

My question is, should I go all-in and join BP Pro?

-The cost is negligible and would pay for itself in the form of time savings.

-I'm constantly searching for deals so the calculator would be invaluable.

-With RentRedi included, I could accomplish all of my property needs easily.

BUT...

Is it the best option? Is there other software that is more efficient or works better? Is there a better calculator somewhere?

I know I'm asking this on BP, but I trust that fellow members here will give me unbiased information, as they always have.

So I'm asking other members of the community to give me some pros and cons lists of different softwares and such.

Any feedback is much appreciated!

Thanks!

Most Popular Reply

User Stats

2,998
Posts
3,116
Votes
Corby Goade
  • Investor
  • Boise, ID
3,116
Votes |
2,998
Posts
Corby Goade
  • Investor
  • Boise, ID
Replied
Quote from @Aaron Bard:

So here I am. Less than 2 months into my first house hack, and in the midst of moving, renovating, and searching for more deals; keeping track of my tenant's signed paper leases is already proving to be a struggle.

My question is, should I go all-in and join BP Pro?

-The cost is negligible and would pay for itself in the form of time savings.

-I'm constantly searching for deals so the calculator would be invaluable.

-With RentRedi included, I could accomplish all of my property needs easily.

BUT...

Is it the best option? Is there other software that is more efficient or works better? Is there a better calculator somewhere?

I know I'm asking this on BP, but I trust that fellow members here will give me unbiased information, as they always have.

So I'm asking other members of the community to give me some pros and cons lists of different softwares and such.

Any feedback is much appreciated!

Thanks!


 I'm not saying you SHOULDN'T, but you shouldn't for the reasons you are thinking. 

For one- thinking in terms of how to save/get ROI on a hundred bucks is not the way to look at things. There are lots of situations where you'll have to invest a few hundred bucks to theoretically save you way more money, time and stress. This is one of those times.

Don't use the BP leases or any other lease you find online, get from a neighbor, etc. 

Find a local, experienced landlord/tenant attorney. Pay them for an hour consult- go to their office and ask them every landlord question you can think of. They'll give you a copy of their lease- one that they know like the back of their hand and will be able to advise you on and defend in court, if and when it comes to that. 

Might cost you $300, but it'll be the best insurance you can buy. 

Just browse these forums- it's nothing but amatuer landlords who have themselves in legal trouble because they don't know their lease and don't know local laws. Seriously, save yourself the trouble and money, go see an attorney. 

Best of luck!

  • Corby Goade

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