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Updated almost 8 years ago,
A question for experienced MF investors
I own a small multifamily. I use a 3rd party PM, the property is out of state, and I can't do everything by myself.
I track my properties using Excel. I look at leasing trends, expenses, my return and a few other metrics. I want to be sure that my property manager is on top of everything. These are all very standard asset management operations that I think every investor should do.
Every month I get my owner statement, Input it into Excel to create a cash flow report. Then I can analyze it more easily.
I was wondering how do you keep track of your MF investments?