All Forum Posts by: Nathan Murith

Quote from @Spencer Cuello:

Hi All!

I am a new landlord for a small multi-family and am considering having my tenants pay through Venmo/PayPal or I could invest in a software like Apartments.com Rental Manager or RentRedi. Does anyone have experience or insight?

Thanks!

Spencer

Full disclosure, we use property management so we do need to worry about such things. That said, I know Avail, Rentredi, and others are talked about a lot here in the BP community. I think BP might also have a $1/year for Rentredi, so essentially free.
I also recently came across Azibo which is free and seems very promising. So are some of the options and there are many more you can find a lot. This site is helpful and has tons of other resources https://everyreitool.com/categ...

Hi @Megan Wildhood!

Privy is making a lot of noise these days and advertised a lot all over the place. I have not used it, yet.

You say “find” and “manage” deals. Those are very different things. What are some things you are hoping this software to do, maybe that will help narrow it down.

Also, I am not sure if you have looked at this site https://everyreitool.com/categ... but it is a great resource that captures all the tools and software for real estate investors and professionals, maybe it'll help.

Congrats on the property, BTW 🔥🔥🔥 

Welcome @Cody Cline and the Cline Family!

Congratulations on reaching out and starting the work. You’re embarking on such a great journey!

We’ve been investing remotely from where we live for years. We also love to give back to the community and am happy to chat some more if you’d like to hear about our mistakes, wins, tips, tools, and resources.

Do not hesitate to reach out, connect, and DM me.

Quote from @Account Closed:

Hi everyone, 

Starting out on my investment journey and I have been learning a ton and enjoying the process. 

I was curious how you all stay organized? What programs, applications, or software do you use to keep track of all of the data and information around your investment properties?

As I start out, I want to stay as organized as possible and I am sure some of you have systems in place or apps that you use to help keep it all together. Would love to hear your suggestions. 

Thank you, 

Nelson

The big ones for me are:
* calendar
* Google Drive and Google docs such as Spreadsheets
* Game changer, free, and simple is Stessa. It’s basically an asset (rental property) management tool. Great property and tenant tracking, expense tracking, documents, mortgages, etc

Those are more for managing the business and your portfolio. if you are asking about actual property management software because you self-manage, I cannot say really as we use property management. I know things like Avail.co and RentRedi get a lot of love in this forum

I know this site also has a lot of other resources you might want to check out: https://everyreitool.com/

@Laura Johnson have you looked at Boostly (boostly.co.uk)? That is a great solution for hosting your site and managing your short term rental directly without relying on AirBnB/VRBO.

I believe they partner with a lot of other short-term tools to help with the management and operationss.

Alternatively, this site has a ton of resources for short term rental owners from management to bookings and payments systems: https://everyreitool.com/categ...

Quote from @Jon Ful:

Hi Friends, Can you please suggest a property management software to us for less than 5 single family homes (billing, work orders, etc)? Buildium and appfolio seem to not be the fit based on our small size.

Disclaimer: we use property management so this is solely going off of what I have researched and discussed with others. I know Rentredi and Avail.co are talked about a lot and some of the preferred ones for small portfolios.

We have also looked at potentially using hemlane, which is a great solution somewhere between self-management and having a property manager.

This site also has a bunch of other resources and options for you to consider and look at: https://everyreitool.com/categ...

Quote from @Adam Oldham:

Has anyone used the Kukun estimating software that Biggerpockets provides? If so, have you found the numbers to be accurate for your area? 

It is hard to claim that any tool or software can be 100% accurate, a lot of it comes with experience. 

Some of the BiggerPockets books have some great rules of thumb for guesstimating these costs.

In any case, we use DealCheck and love it. It’s not perfect, but works for us.

Also this site has a ton of other resources and calculators you want want to check out: https://everyreitool.com/categ...

Quote from @Buck Dabill:

I have bought my first STR and i am in the process of setting it up...my specific question at the moment is what software/aps do you all use to run your STRs. It would be great to get an exhaustive list of software that you rely on. Even the apps that you use once in a while for small things...thanks in advance for all your input it is really appreciated!

Full disclosure we specialize in long-term buy-and-hold, not short term. But I know this site has a ton of great resources for short-term rentals. https://everyreitool.com/categ...

 From your property management systems, to your auto-pricing tools, and guest guides software.

Quote from @Gerardo Castillo:

Hello everyone:

I have bought a property in Montgomery and wanted to rent it through the section 8 program.

I will manage this first unit on my own and see how difficult it is. My question is, which website do you recommend for the tenant background screen and credit report?

I appreciate any help you can provide.

Gerardo Castillo

Full disclosure, we use property management, so cannot speak from experience.

That said, we have done our research and keep contemplating managing some of our properties. I know rentredi always comes up as a preferred solution as well s might even be a BiggerPockets partner.

I also like Hemlane, a solution that is somewhat between self-management and having a property manager, I would look into it.

In either case, this site has a ton of resources including section on rent collection and tenant screening. https://everyreitool.com/categ...

https://everyreitool.com/categ...

Quote from @Matt Bertsch:

Hey Everyone,

I am under contract for a small self storage facility (36 Units). I've seen a lot of different self storage softwares out there such as, Sitelink, ESS, storedge, syrasoft etc. Currently I use Buildium for a 3 unit MF property. Does anyone have experience using Buildium as their self storage software? If so, I'd love to hear them. Opinions regarding any other self storage software are also welcome! Thank you for your input

Matt,

The tools mentioned in this thread are the big ones. I am not sure if you checked this site out or not but it has a bunch of good resources and has a self-storage category: https://everyreitool.com/categ...