All Forum Posts by: Cheryl Packham

I had the same question when I started out 14 years ago. I want to help others who are just getting started and I am actually building something to fill this record keeping void. Would you like to test it out and provide feedback? If you or anyone else is interested send me a message. :)

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Quote from @Neil Krech:

Is there a software/spreadsheet people are using to keep track of rental income and expenses? I have four doors now, but in the process of adding three more. I can see it getting confusing the more doors that are added. Any advice for a newer RE investor?

Did you find a solution for this?

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Quote from @Alyxandria Welch:

Hello,

I am curious to see what everyone keeps track of during the year to keep their business running smoothly. Especially curious what you all keep for tax season to make it easier when itemizing. How do you keep track of these things?

Thanks!!

Did you find a solution for this?

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Quote from @TRUSTEN BROWN:

Hello BP community,

I am a Landlord in WA and currently own 2 duplexes. One as a pure rental and one as a primary-house hack style.

I am trying to become more digital with my record keeping for the two properties and everything that comes with them. I will be growing to a 3rd property at the end of the year so I am looking for an efficient App. I have a iPad Pro which will be dedicated for it, does anyone have any suggestions? I have tried landlordy but not a huge fan.

Did you find a solution to this?

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Quote from @Juan David Maldonado:

@Cheryl Packham Thank you for answering. I live in a medium Texas town named Del Rio, Texas. Population 35k plus and we have our own unique employers such as a military base, school district, law enforcement agencies, and city/county governments. No, I do not have a primary residence but I am completing the paperwork for the FHA program. Yes, I have good credit because I have been working on it since 2020. Oh yea, I'm willing to get my hands dirty!

Hi Juan,

this is awesome! My advice is buy 1-4 unit that needs some work with a FHA 203k Loan as an owner occupant. https://www.hud.gov/program_of...

If there are no small multi families on the market do some research on any you have seen around town and reach out to the landlords directly to see if any have been thinking about selling. You can find owner info on the county assessor site.

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Quote from @Juan David Maldonado:

I have $10k saved up! What would you do if you were me getting into real estate investing for the first time? I am interested in buy-and-hold rentals only

Hi Juan,

I have a few questions to help me better answer your question. What market are you in? Do you already own a primary residence? Are you handy and willing to put sweat equity into a property? Do you have good credit?

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Welcome Derek! Congratulations on your first property!

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Nashville, Tennessee

Hello everyone!

I am working on an app to make record keeping easier for landlords. I have found that even with all the apps out there, I still have to keep things in excel, and I want a solution to make this easier. So, I am building it. If you find yourself in this situation, I would love to chat with you about what you use and what you would like to see as far as a record-keeping app goes.

I look forward to hearing from you.

Thanks,

Cheryl

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All Forum Posts by: Cheryl Packham

Cheryl Packham has started 17 posts and replied 187 times.

Post: Expense Tracking for New Investor

Post: Maintenance software Record Keeping for Rental Properties

Post: Property management and record keeping

Post: Record Keeping For Rentals

Post: Record keeping question

Post: Searching for record keeping/landlord App

Post: Starting out with $10k

Post: Starting out with $10k

Post: New Member intro - Nashville, TN

Post: I am building a record keeping app for landlords