All Forum Posts by: Mohammad (Asad) Asaduddin

Hello Derricka. Welcome to real estate. I have been in the same activity of rehabbing and renting in Houston. Asad  8322753600.

Daniel don't give up. I have been through ups and downs and also other investors. If you have put in 4 years of work you have learnt the basics. Getting a  good mentor is your solution. 

I am a single user trying to set up with Quickbooks, Google contacts and calendar, and possible Real Acquisitions CRM  housevize.com. You have plenty of choice on CRM which makes it challenging to make a selection.

I am realising the importance of tenant screening. Here in Houston it takes court fee and three weeks for court date. The judge gives tenant 5 days to move. If house not vacated, you file for writ of possession and wait another 3 to 4 weeks. Sometimes I am tempted to give chance to a questionable tenant. I would like to know what other investors think.

I am trying to use Quickbooks Premier. For accounting I am told it is very good. I will have to adapt it to rent rolls and repair records. What problems are you running into?

Great discussion. I am trying to start direct mail on multifamily projects. Any ideas?

One other factor to measure is the time for the deal flow to start after your setup.

On a different note, if by any chance if you got low down payment financing for a primary residence, you have to occupy one unit at least for a year.

I am also trying to use Quickbooks Premier for 1.rental properties 2. brokerage income and expenses 3. cashflow. Getting enough time to set up has been a challenge. Let's keep in touch. 

Hello Mike. If you do not own a home,  you can buy as primary residence with low down. Then turn into rental aftera year.As for passive investing I plan on multifamily in Houston TX. Get in touch with me. Asad.