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All Forum Posts by: David Gellner

David Gellner has started 6 posts and replied 51 times.

Post: Hello from the Great Pacific NW ...

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Hey, Lori Walker!

I'm also in the Northwest, and am just starting my real estate journey! Oh, and I'm a huge inbound/online marketing fan!

Welcome to BP. This is the greatest site -- ever -- for real estate relation questions, and is filled with so many people that are willing to help!

Welcome!

Post: My First Deal!

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

I would definitely like to second what Prashant P. said. You need to keep a reserve fund for your rentals -- especially if they are in a college town!

Good job buying your first property!

Post: "Panoramic ocean view" Really?

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Karen M. Thanks for posting this Karen! As a new investor I really appreciate these forewarnings and tips!

Post: "Panoramic ocean view" Really?

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Karen M., Wow, that sounds very frustrating! Who knows why they would do that!

Dave

Post: Durable/Efficient Remodel of Rental

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Johann Jells, WOW. That looks very nice! Thank you so much for your post!

Dave

Post: Durable/Efficient Remodel of Rental

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Thank you everyone for the replies! I think I'm getting pulled into thinking that I need to make it fancy, instead of just remembering that this is a rental property that is going to get damaged.

I was just hoping that if I made them a little nicer I could gain some better tenants and make it easier to rent!

Great advice by everyone, and I really appreciate it!

Dave

Post: Durable/Efficient Remodel of Rental

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Hey guys,

I've spent a good part of the day looking for designs, researching products, and honestly I feel like I've achieved very little.

Yes, I've tried to search BP and couldn't find what I'm looking for.

I know that I want to do the vinyl wood plank flooring, but I need ideas for what materials to put in remodeling the kitchen and bathrooms -- I'm starting to narrow down a design, but I'm lost as far as kitchen cabinets, countertops, sinks ( most problem/leak free)

Anyone have any suggestions for materials, websites, links, blog posts for how to efficiently remodel a rental that will be owned for the next 20 years?

Thanks
Dave

Post: Quickbooks Tutorials for Landlords?

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Charles Perkins, Thank you for the offer to help. I will definitely let you know if I have any issues setting it up.

Jonathan Wolter, Hi Jon, I ended up purchasing your guide. It ended up working very well, and I would recommend it to anyone that needs help.

For anyone interested, I found Quickbooks to have quite the learning curve. It was frustrating at first, but with the landlord account guide, as well as YouTube, it ended up not being bad.

It becomes obvious of the power that Quickbooks holds. It allows for very accurate reporting, allows you to easily see who has paid, and is perfect for keeping a historical record of everything.

Thanks again for all the offers to help.

Dave Gellner

Post: Quickbooks Tutorials for Landlords?

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Thank you for all the replies. I was very close to purchasing the 'landlord accounting' ebook, but now i'm skeptical.

Thanks again for the replies!

Post: Quickbooks Tutorials for Landlords?

David GellnerPosted
  • Seattle, WA
  • Posts 51
  • Votes 9

Hi everyone,

I've searched biggerpockets and couldn't find many recommendations for tutorials on how to setup quickbooks for rental properties.

Google and YouTube tend to show either short clips or irrelevant information. Most of which is advertisements for programs.

Has anyone bought a well-written or step-by-step guide on setting up Quickbooks for rental property?

Does anyone have any recommendations?

Thanks!