All Forum Posts by: Matthew Marchetti

Thank you...I'll look into it...

I am a newer landlord with 7 income producing single family homes that I fully manage. I do this by combining my knowledge of Quicken, Microsoft Excel and Microsoft Word. I work a full time job in addition to my property management and I need to tighten up my management.

Could anyone suggest some software that could help me do all the things a landlord does (inspections, receipts, finances) but keeping it  in one, tidy place? I've done some homework but really need someone to talk to who has actually used these programs I'm reading about.  I estimate that I will max out at 15 properties when all is said and done.

Thank you,

Matt

I would greatly appreciate thoughts on the following...

I am an amateur investor with 5 income producing properties.  I recently helped my father and mother sell their home and move into a retirement community close to me.  After the sale of their home and paydown of their new home my dad was left with $30K to put in "savings". We figured he'll make $120 a year in interest.

I would like to help my dad invest his $30K and am looking for creative ways to help him do so. Some of my own, untested ideas were: He can invest in what I am doing (buying and holding) with me doing the work for him and he being an "investor".  

Keeping the money in the stock market is a bit more risky than what I would want for him.  

Any thoughts?

Thank you,

Matt