All Forum Posts by: Jay Truong

There are quite many Accounting apps to choose from.

For me, online database (keep track of expenses from anywhere with phone/laptop/assistants) and receipt scanning through phone are the 2 most important features. I have a full time job and I don't want to spend my entire evening doing the receipt scanning on my desktop. So only QuickBooks Online and Wave have these 2 features.

Since QuickBooks Online charges a minimum of $15/month, I decided to go with Wave since it is completely Free.

The feature I miss is the Projects Tracking (tracking expenses in each project), which is only available in QuickBooks Online Plus for $50/month.

I am looking at a rental fourplex (4 units of 1bed/1bath) in the Tempe Town Lake area (AZ). This is a very hot area because it is nearby a lake lined up with professional buildings and the Arizona State University campus.

Cap rate is 6.5%. This fourplex was just remodeled and price is average in the area ($975/unit).

However, as I walk around the area, there are 2 lots of luxury condos (30 units) and luxury apartment (40 units) being in construction and might be finished in 2 years.

What will happen to the market once these luxury complexes are completed? Would they bring in more competition?