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All Forum Posts by: Richard Fisher

Richard Fisher has started 1 posts and replied 23 times.

Post: Best Property Management App/Program to Grow

Richard FisherPosted
  • Accountant
  • Dunbar, WV
  • Posts 23
  • Votes 4

I have just began using Buildium and it seems to be a pretty good fit. Been using TenantCloud and Quickbooks and would have been fine continuing to do so. Quickbooks online makes it more expensive to do so if you want to use classes(be able to separate financial statements by building). And they have also changed the structure of their desktop version. TenantCloud worked well for me but getting everything to an online version that works, Buildium seem to be a perfect choice for me. Appfolio will not take anyone under 50 doors so I didn’t even review them.  

Thanks for your input Mike, I will disagree with the Basic Operating agreement, very much plug and play.  Estate Planning, maybe but not there yet.

Hello I’m kind of new here and already have a question. I have a partner who was a very good friend. We form an S Corp back in 1995 and started investigating in a few residential rental properties. Long story short we’ve been talking since we are getting older about what happens when one of us is gone or do we want to unwind things now? One would like to sell everything and one would like to continue.

But in this process of talking we realize we never put together an operating agreement when we first formed the Sub S? We still very are very agreeable with the way we run things but now realize we aren’t going to last forever.

So while we are still here and agreeable we would like to get something written down before it’s up to the families. Any ideas?