Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Troy Bevans

Troy Bevans has started 9 posts and replied 67 times.

Post: Tax Deductions

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

@Account Closed - If you are using the books, memberships, and any other service to assist you in generating income and growth for your business, and these items are relative to your business, then they are a deductable business expense.  Alway keep good records of any item(s) you are attempting to deduct each year.  Best of luck to you!

Post: Creating Policy for Rental Business

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

@Kim Martin - Thank you for the great book reference.  I just purchased it on my iPad and plan to compare it to what I have already done to improve my system!

Post: Website

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

Your site looks great!!

Post: Website

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

I use vflyer.com and absolutely love them!

Post: Book Suggestions

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

You are a living and breathing part of the best real estate book, and more, ever!  It's called Bigger Pockets : )

If you are a beginner, I would suggest you start here to obtain your footing:

http://www.biggerpockets.com/real-estate-investing

Also, believe it or not, the Real Estate Investing for Dummies Second Version book is helpful, pretty straight forward, and entertaining to read.  Hope this helps and best of luck you!!

Post: Is there a 'one-stop' source for Criminal, Credit and Eviction screening?

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

Take a look at www.rentapplication.net and see if it fills the gap for you.  You can see how I am utilizing it on my website under the Properties section if you would like.  Have a great day!!

Post: Hello Everyone--I'm New!

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

Glad you are here!  Welcome to the wonderful world of BP!

Post: Doing more with Excel in your business

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

After reviewing some comments about macros, I thought I would share the only macros I actually utilize in my Excel program.  The macros used in this program are only to open and close a worksheet or print a hidden worksheet when pressing a button so that it keeps the interface clean...that's it.  As far as putting a button on the spreadsheet, no programming skills are required.    

Below is all it took for the macro to work, and I just keep reusing the two codes for each button I add and rename as required.

-----------------------------------------------------------------------------------------------------

(MACRO #1 OPENS AND CLOSES WORKSHEETS)

Sub Open_MainMenu()

ActiveWindow.SelectedSheets.Visible = False

Sheets("Main Menu").Visible = True

Sheets("Main Menu").Select

Range("B20").Select

End Sub

-----------------------------------------------------------------------------------------------------

(MACRO #2 PRINTS A HIDDEN WORKSHEET THEN HIDES IT AGAIN)

Sub Print_Lease_Agreement()

Sheets("Lease Agreement").Visible = True

Sheets("Lease Agreement").Select

ActiveWindow.SelectedSheets.PrintOut Copies:=1

ActiveWindow.SelectedSheets.Visible = False

End Sub

-----------------------------------------------------------------------------------------------------

Once the macros are created, I insert a button and assign the macro to it.  When I click on the button, the assigned macro runs. 

Once you make one of these macros, just copy and paste to recreate it for another button to control a worksheet.  In fact, copy my code and try it out!  I am considering the creation of a 3 minute video to show how this is done in case anyone is interested.  I am a visual person and this is a whole lot of typing for me!!

Post: Any tips on motivating your team?

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

I guess that would depend on "why" the money is not coming in.  If it is more of an accounts receivables (AR) issue, the money actually exists and an effort for collections needs to be taken.  If it is more of a lack of AR issue, sales and marketing need to improve.  What are the teams responsibilities?  I will do my best to answer this, but I just need a little more information.  

Post: Can't wait to get started!!!

Troy BevansPosted
  • Real Estate Investor
  • Davenport, IA
  • Posts 71
  • Votes 17

@Chris Hooker I like the way you think things through!  Utilizing extra money to invest in properties is a generally a good idea, although, you mentioned that you do not have a lot of cash up front.  Therefore, finish your business plan and make sure it includes a section with expected income/expenses to validate your thought process.  As far as a suggestion for the best type of real estate to start with...that is something you need to figure out based on your own experience and willingness for any potential risk/reward.  The "Buy and Hold" route is what I like to be involved in, but that is because the word Landlord doesn't make me think of unclogging a toilet at 3 AM : )