All Forum Posts by: Scott Edwards

@John Warren Thanks. What do you use?

Hi Everyone,

I am just starting out and have my first renters coming in 11/1. The property manager I am probably going to work with utilizes Buildium and I will have full access to it. Do those of you that use this platform feel it provides everything I will need from an accounting standpoint or do you find you need to supplement it to ensure you are well prepared and organized for tax time? Thanks so much in advance for your feedback!

Scott

Hi Everyone, I am excited that I will be closing on my first rental property in the middle of September. It is a single family bilevel with 4 bedrooms on the upper level and 2 decent sized bonus rooms in the lower(below grade) that have very large, to code escape windows already but no closets. I know adding a third and even a fourth bedroom can add good equity. Would adding a small closet to create a fifth and sixth bedroom below grade increase the value of this house enough to make it cost effective? Also, this will be a BRRRR if that matters.

Thanks in advance!