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Updated over 1 year ago on . Most recent reply
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How do you stay organized?
I'm on the brink of acquiring my 4th property and feel like I'm not very organized. I don't want my houses to get away from me and I want to keep scaling, but am worried things will start to slip through the cracks if I don't organize.
What has worked for all of you?
Thanks!
Most Popular Reply
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We are at about 25 properties, owned by 7 'entities' and a mix of 5 people. So we are 'small' but 'complex':-)
I agree 110% with others here that find an app you like. We use Rentec Direct mentioned above, and love it. We use the PM version since we have the different entities to keep track of. Those entities consist of an LLC owned by SDIRAs, an LLC owned by SOLO401Ks, 2 'regularly funded' LLCs with a mix of 4 Members, and 3 of us own 1 or more rentals as individuals.
Using an app like Rentec or similar makes all of this smooth.
We also have a shared google calendar and set a LOT of reminders of things that need doing. The apps probably have that feature also, but we all use Google Calendar in our 'day jobs' so it makes it really easy to have those show together.
Dan Dietz
I agree 110% with others here that find an app you like. We use Rentec Direct mentioned above, and love it. We use the PM version since we have the different entities to keep track of. Those entities consist of an LLC owned by SDIRAs, an LLC owned by SOLO401Ks, 2 'regularly funded' LLCs with a mix of 4 Members, and 3 of us own 1 or more rentals as individuals.
Using an app like Rentec or similar makes all of this smooth.
We also have a shared google calendar and set a LOT of reminders of things that need doing. The apps probably have that feature also, but we all use Google Calendar in our 'day jobs' so it makes it really easy to have those show together.
Dan Dietz