All Forum Posts by: Greg Stepich

I will definitely check that out Adam.  Thank you.

Thank you for the input, I really need to look into it more.  I only have 3 units at this point, but looking to grow, so a program like that may be a little bit of overkill at this point.  But I like the cleanliness of some of the programs with the convenience of online payments, work orders, background checks, leases, etc...  I also only use spreadsheets at this time for my finances, and looking into programs such as Quickbooks.  I will definitely keep you posted on what I decide, and how well it works.  Please let me know how Quickbooks works for you as well. 

Does anyone use property management software, and if so, what do you recommend?  I watched the review on rentulations and it looked pretty convenient, but was wondering if anyone used any of the programs available.

I know this has been touched on in the past, but I'm still unclear on what my best options are regarding incorporating. I currently reside in a house with an apartment attached that is being rented out, and I own another single family residence I rent. I've been preparing myself and I'm now looking to build on my rental portfolio with the purchase of a two-flat, then more to follow. I spoke with a real estate attorney and asked his opinion, and he recommended an S corporation. Everything I've been reading leans towards an LLC because there's more flexibility, etc. if I even need liability protection outside of good liability insurance. My accountant hasn't gotten back with me, and I will wait to hear from him before I make a decision, but I was hoping to hear some recommendations. My plan right now is to purchase small multi-units, and holding them. Any advise would be much appreciated.