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All Forum Posts by: Colin Bull

Colin Bull has started 1 posts and replied 2 times.

Post: Property Management Software

Colin BullPosted
  • New to Real Estate
  • Metro-Detroit
  • Posts 2
  • Votes 0

Hey Shane, 

I also have a smaller portfolio. I currently use Avail for my two properties and its been pretty seamless for me. It connects everything to your own bank accounts and is basically the middle man for setting up payments, leases, and other types of payments. It also sends updates via email and text for monthly rent payments and more which is nice for communication and you can have tenants 

I would highly recommend checking it out

Post: First rental. Fully furnished or unfurnished?

Colin BullPosted
  • New to Real Estate
  • Metro-Detroit
  • Posts 2
  • Votes 0

I’m beginning the process of renting out my primary as part of my first investment! I’ve run the numbers and I'll cash flow around $200/mo, which I'm happy about for my first time! However, I’ve heard that furnishing a rental has the potential upside for higher rents. Has anyone had experience renting out their house fully furnished and if so, were you able to charge higher rent? Were there any other issues or upsides that come with a fully furnished home? Thank you!

For further context, my house is located in Oakland County, MI