All Forum Posts by: Simon W.

You won't need 1 account for each, but I recommend 2 accounts per LLC. One for security deposit and one for operating/rental.

It is probably because Ally realizes you are using it for rentals. Ally does not offer commercial checking accounts and the personal checking accounts are only for personal uses.

Do you have an LLC for these properties? There are different solutions but it depends on your situation.

You will get a lot of different answers here.

Feel free to email me.

you should be able to request from the PM to have it email it to you.

Buildium won't send it automatically. The PM company has to generate these owner statements and emails them.

Unfortunately, I do not think there is another software that handles CAM better than Yardi. Yardi Voyager 7s especially.

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 I am not an admin, but you don't look like you are a Pro Member.

Seller financing is very hard to get.

Most seller has the intent of collecting all the money upfront for a new property.

To entice the seller to accept a low down payment, agree to the purchase price without negotiating, cover the closing costs and if there are any commissions involved with brokers/agents.

There isn't a typical or average seller finance deal. 

Those two platforms are completely different from each other.

I haven't used any of those two, however, I was a developmental controller at one point in my life and the construction team was using Procore as they were targeting large projects such as 100+ units groundup development.

I believe BuilderTrend is made for remodelers and home builders.

Right now, I am partnered up with someone to do construction and I am just handling all the financial side of things, currently using Monday and QBO to make it work.