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All Forum Posts by: Lenny Eterno

Lenny Eterno has started 2 posts and replied 3 times.

Post: Analyzing an out of area deal?

Lenny EternoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 5
  • Votes 0
Thank you very much!

Post: Analyzing an out of area deal?

Lenny EternoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 5
  • Votes 0

I have a potential deal on a 60 unit property that is out of my area. The property is the located in the same state (Florida) that I'm in but in a very different market. Can someone direct me on how I can find market CAP rates & other pertinent information I will need in order to properly run numbers & find out what this property is worth & if it's in an area worth investing in?

Thank you in advance for your time!

Post: Property Management Software

Lenny EternoPosted
  • Rental Property Investor
  • Fort Lauderdale, FL
  • Posts 5
  • Votes 0
I currently have a portfolio of 15 SFR rental properties. I am a buy & hold investor & I am thinking about getting a cloud based property management software to better track my finances and systemize my operation. I have been given all kinds of direction on what's best for my business but know I'm a little confused as what will be best for me. Can anyone offer some advice or feedback? I'm basically comparing & need to decide if I'm going to be using QuickBooks alone, using QuickBooks and a Property Management software together or just using a Property Management software alone??? For PM software I've been told to use Propertyware, Buildium or Appfolio??? Any feedback on what other long term investors are using as a system & why would be greatly appreciated. Thanks, Lenny