All Forum Posts by: Landon Mizuguchi

What accounting software would you guys recommend I use to manage rentals and flips?  

I've seen a lot of people recommend Stessa, Buildium, etc, because of the additional landlord features such as tenant screening and rent collection, but its unclear to me whether people are using these to only manage rentals, or if they are also using them to manage the accounting/books for their flips?  Quickbooks online seems be able to do it all, but you lose the landlord features.  If Quickbooks online is the answer, do you know if any of the landlord softwares integrate with quickbooks online?

 Tyson 

I am not sure why you can not get through now, but I did respond to your email. In short after researching Appfolio and DoorLoop I have decided to go with DoorLoop. The number one reason I have decided to leave RentRedi is the lack of customer service. I know it is 2023 and their are some people that hate using the phone and prefer the chat box, but I am not one of them. I will openly admit I did no research into RentRedi or any property management software when I decided to leave Quickbooks I just saw a RentRedi add that showed the Biggerpockets team raving about the software and being a Biggerpockets fan I jumped right in. I will also admit at this point we are comparing apples to light bulbs since RentRedi was only costing me $59 per month and DoorLoop will cost $200+ per month and for those that have a lower unit count and only need basic services the RentRedi cost should outweigh the beta tech. I do not believe I am RentRedi's target consumer as I have more needs than others and that has been true for other business relationships I tried to build in my time, but I hate when things have to end on sour notes and the fact that it took publicly criticizing the service to get attention is more than disappointing on RentRedi's part as a service business.

I need some help. I have been trying to get my RentRedi account active for over the past month. My Property says "Reviewing Bank" and that it will take 1- 3 Buisness Days and it has been well over a week and it still says it. At this point I have tried to get assistance through the phone and chatbot. Each time I am told they need to check with someone, and then nobody ever follows up with me. I was given a rep to assist me with my initial set up and she helped me get through underwriting but, when I tried to contact her to finish or join into our meeting I heard nothing. I tried to set it up myself and it says that I can collect rent but when a tenant tried to pay early it says that I am not yet ready to process payments. 

I am posting this here because I am hoping someone that works at RentRedi might be on this forum and can help me get the assistance that I need so I can start using the product. This is my first investment property and I truly believe that RentRedi can suffice and fill my personal management needs. But it feels like I am running into wall after wall, and it keep advertising addons (which are fine and some I may take advantage of) but my account isnt even fully set up yet.

At this point, I am also open to other comparable products that offer me similar serves as a comparable price.

Thanks everyone

Hi Heidi here, excited to learn different strategies in real estate investment, currently looking at rentals, but open to more

I switched from Quickbooks to RentRedi 5 months ago because the payment processing fee cost me $400 a month with Quickbooks. RentRedi claims to be a system built by landlords for landlords and I have to disagree. The number one problem with RentRedi is the total lack of customer support and yes with Intuit you will have to talk to an oversees call center but every question I needed help with got answered and all problems got resolved. With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit). Today was the final straw for me as I have come to realize you can not get a transaction report that shows a breakdown of deposits so I can show proof of rents received to my lenders. Appfolio is more expensive but after saving money for these past 5 months I have determined RentRedi could be free and I would pass. 

 Jack, thank you for the article.

Can someone provide references to insurance companies that covers rental properties in California. My previous insurance company decided not to cover the property. I am looking for references for both insurance companies that cover rental properties as well as primary residence homes.

Thanks

Title says it all. I've been looking into BRRR and buy-and-flip in the Bay Area and was curious which areas people have generally been focusing on for greater ROI and also if they have been investing as a solo investor or as part of a real estate fund. Thanks!