All Forum Posts by: Andy N.

Maybe you can say I am being cheap. I am just always looking for ways to cut expenses and grow my NOI.

How often do you have your apartment complex mowed ? I'm in my first year of owning my complex. My guy mows it every Monday. I am thinking of going to every 10 days next season. He keeps it looking great but I think it's overkill. I'd be curious to hear any owners/operators feedback.

@Brian Adams for your cap ex reserves do you put back a set % of gross rents?

@Brian Adams so are you running three accounts per property?  What percent of rents do you put back?

I have a 48 unit property.  I currently have two checking accounts.  One is an operating account and the other is for deposits.  I was curious how other operators manage cap ex reserves.  Do you have these in a separate account ?

Thanks

Well its working.  My large pizza was deposited!

I just put in $1,000.00 to see how it goes. 

Can anyone recommend a good app for tracking real estate loans, 401k's, Roth IRAs, etc all in one place ?

Tim Soto I am currently using Site Link and I do like it. I was just wanting to see if there was a good solution to manage my storage, single family, and apartments all in one place.

I am looking for opinions on property management software.  Here is my situation.  I have a 48 unit managed by a property manager.  The manager provides me with a spread sheet of expenses and income each month.  I self manage 8 more units that I own along with about 75 self storage units.

I am looking for a software that would possibly allow me to input my data and the data provided by my property manager all in one place.

My challenge with the property manager is that is hard to get a current snap shot of what is going on at any given moment.

Any thoughts or ideas?

Thanks

Andy