All Forum Posts by: JT Crownover

@Lovorn Brown What area?

@Thomas Meyer The book is written for the masses, so it covers any real estate investor in the US.

@Joshua Schmidt

Have you started the audio book? Is the narrator mind numbing to listen to or is it just me? I’ve listen to hundreds of audio books and this is by far the worst narration. 

We researched them all about a year ago. We started out with Cozy. Used it to post listings and collect rent. It would be ok for maybe 10 units. But if you get over that I think you need something else. We switched to Buildium after a year because we have/will acquire about 25 SFR, 25 commercial, and 2 mini storage facilities. It has all the features I wanted and many more. We will keep up with all our properties in this one software for listing, leasing, payments, tenant and property files, financials, reports, etc. We own different properties in different entities and Buildium allows up to keep up with and run reports on each of those entities separately. Buildium is the best in my opinion for the owner/operator of 15-20+

JT

@Stephen Mahler It’s been a while since we looked at all those. We eliminated all of the ones you mention and went with Cozy because it was very cheap to get into and out of. It’s very simple to work with. And is a great option if you plan to stay under 10 unit or so. We had 1 unit a little over a year ago when we started using Cozy. By the end of this year we plan to have 25 residential unit, approximately 25 commercial, a small 3 unit retail front, and 2 mini storage facilities. So at the beginning of this year we switched to Buildium. It’s also easy for a small operator like me to use. It does cost a little more per month, but offers tons of options for small owner/operators and the tenant. It can also runs full financials, although we will export to Quickbooks anyway. One thing you want to think about is the amount of time it takes to switch to another software if you out grow something like a Cozy at some point in the future. We push very hard to have everyone on electronic payments. So if we waited to switch to a more robust software in the future, we not only have to transfer all the unit info, but all the tenant info. This includes payment info like credit card and bank info. That gets pretty tedious. 

If you have anymore question let me know. 

JT

@Syntia Perry

There’s not much in the area. But there is a Mississippi Association of Real Estate Investors group and FB page.

I believe they also meet once a month also.

@Geren Williams

I’ve made some purchases in Mississippi. What would you like to know? What areas are you interested in?

I’m a homebuilder and a developer in central MS. I have an excellent closing attorney that handles all of my closings and title of work. They have offices in Brandon Mississippi and Madison Mississippi. Send me a private message and I’ll share their contact information. I don’t know if we are supposed to post that information in the open forums.

Do you actually get access to the amount of credit they say they do?

@Russ Marlborough

Is this an off market deal? Is the owner wanting to sell?