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All Forum Posts by: Pierce Lovesee

Pierce Lovesee has started 8 posts and replied 25 times.

Post: Electronic Leases in Oklahoma

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Neal Collins thanks for the suggestions on software.  Those will give me a good jumping off point for deciding on a final system. 

I’ll post what software I decide on after I make a decision for anybody else tracking the paperless goal. 

@Jamie Engledow, I appreciate the feedback from an auditors perspective. Have you run into a situation yet where a company you are auditing has gone paperless?  If so, what are some of the things you look for in that company to ensure the integrity of their record keeping?

Post: Electronic Leases in Oklahoma

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Tracy Streich @Neal Collins @Deborah Burian I appreciate all the feed back. 

Tracy and Neal, would y’all be willing to share what systems you use?  Is it a paid subscription like Dot Loop or are you scanning in hard copies?  

What’s working now and what has not worked/been too cumbersome in the past. 

Really appreciate the help y’all!

Post: Electronic Leases in Oklahoma

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

So @Neal Collins, are laws written in OR that state that electronic documents are just as good as paper?  Or are you just confident in your system?  

@Charlie Vess that’s what I figured would be the issue. Nothings ever wrong til you got to court. Just want to make sure I’m covering myself before starting on a different system. 

Post: Electronic Leases in Oklahoma

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

So, I hate clutter.  The only thing I hate more than generic clutter, is paper clutter... so I became a landlord, since that obviously meant I wouldn’t have to deal with paper. 

I own a couple rentals in Oklahoma City, currently have four leases, and I’m already wanting to throw my small 3 foot high filing cabinet I bought at Walmart in a burning garbage can...including all contents.  

I’m being a little dramatic here, but I’d really like to get paper out of my life entirely. The night-terrors of paper only get worse as plans of expanding my small business become more and more real. I love being a landlord, but paper sucks! I already keep redundant copies of all documents associated to the business online in Google Drive. Is there any legal issue I would run into if I only kept scanned copies of leases electronically, or better yet, only had completely electronically generated and signed documents like real estate agents use?  

I would hate to have my adversion for paper result in my tenants owning my properties or my truck. So are there specific rules I need to follow if I’m having tenants sign documents electronically?  Are the laws specific state to state?  Or are we at the point where electronic signatures can totally stand in place of wet signatures. 

Any advice is greatly appreciated. 

Post: Oklahoma City CPA References

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Rocky Griffin @Deborah Burian@Scott England.  Thank you all so much for the input.  I'll be reaching out to these CPA's early this next week to set up interview times.  Really appreciate the help!

Post: Oklahoma City CPA References

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

I’m seeking knowledgeable CPA’s in the Oklahoma City area to begin building a relationship with as we build our rental portfolio. I currently own 1 duplex and will be closing on 2 more tomorrow.  I’m looking for any references for good CPA’s with lots of experience with real estate investing. Any help is appreciated. 

Thanks,

Post: Oklahoma City Real Estate Attorneys

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Josh Weber that would be awesome if you could send his contact info my way. I’ll be looking out for it. 

Post: Oklahoma City Real Estate Attorneys

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

I am looking for suggestions on knowledgeable real estate specific attorneys in the Oklahoma City area. Long term, we want to establish an on going relationship with our selected attorney. However, the immediate need is drafting a lease and all associated addendum, assisting in forming an entity (LLC, S-Corp), and advise us going forward as we fill vacancies. Our current status is we have recently acquired three duplexes. We will have three inherited tenants, two vacancies needing to be filled ASAP, and 1 renewal coming up. We are occupying one unit. Any help or suggestions are much appreciated.

Post: NEW OFF-MARKET FOUR-PLEX: Military Park (OKC) - 245/0/2820 Rents

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Lyall Storandt

I am interested in this 4-plex and any other multi-family properties you might have in the Oklahoma City area.  I'll be relocating out there for work within the next couple months and am planning on picking up a couple properties in the area.  Please give me a call or email to go over what you have available.  Thank you.

Pierce Lovesee

(505)360-9257

[email protected]

Post: 16th Street PLAZA DUPLEX - Investor Special! - 2401+2403 NW 16th

Pierce LoveseePosted
  • Rental Property Investor
  • Oklahoma City, OK
  • Posts 35
  • Votes 9

@Ryan Kennedy,

Please give me a call or get in touch with me via email.  I will be relocating to OKC for work within a couple months and am looking to pick up a couple investment properties.  I'd love to talk about this property if it is still available, but if not I'd like to see if you have any other properties in the area.

Thanks,

[email protected]

(505)360-9257