All Forum Posts by: Tami R.

I buy properties in bulk and run into this a lot. I get the list and we do fix / repairs and or put on a list. We do let them know that rent is still due on the 1st and they argue it we let them know they can take the rent to the court house [our law, they never do they dont have the $] and then we file. I always bring up the facts about holding the money at court house etc and us just purchasing the properties and repairing And we always win. 99.9% they just do not want to pay. Start the eviction process

I have two separate LLC both with around 100 doors. I use QB online and QB 2018... love them both. Just use classes and it works great

I just purchased 86 doors... mostly multi units. Some of the triplexes and 4plexes just have washers and dryers provided. The units with 13 to 15 apartments have coin operated washer and dryers in less than 1 month of owning them 2 units have had their washer broken into 2x.... I'm done. I am not a laundromat. I dont have time to collect $130 in laundry money a month and have my water bill increase and have to pay for breakdowns. I want to collect thousands in rents I have thought about renting washer and dryers in my single family dwellings to tenants. Same with air units.

We own a roofing company, if the shingles are curling and failing do it now. You can do it with the tenant living in the house but be proactive... you do not want to cause interior damage.

@Nicole Heasley what podcasts besides BP do you listen to? I am always wanting more podcasts to listen to

Just curious how many of you have full time maintenance / handy man on staff? I have a guy that has been subcontractor basically full time with us but wants to be on payroll. I am not opposed to it but he wants way too much. Just curious as we currently own 200 doors and manage ourselves.... wondering those who manage around 200 units themselves who they have employed for their team

We just purchased 86 total units in the last 3 weeks. 2 of my buildings I would say C neighborhoods people are breaking into the coin op washers and dryers and stealing the $$$. Its costing me $60 to get it fixed... my husband wants to take units out and I am wondering if anyone else has this problems or suggestions.

@Jupshy Jasmin so far I like it. It's easy to use and it's just a clean site. My tenants find it easy too. If they pay out of their savings or checking they are not charged. I still use quickbooks for my bookkeeping though but it's all been smooth. I tell people all the time even if you do not have multiple properties start it like you do because when you do it will be easier. For example if they mail their checks I immediately got a PO Box so people do not know where I live

I have a different LLC for my commercial buildings vs the rental houses/apartments.

If you have plans to purchase more properties then for sure setup an online option for payment. I learned the hard way, I now have 200 units and it's a mess. I just started using Cozy this month