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All Forum Posts by: Tom Knodt

Tom Knodt has started 1 posts and replied 19 times.

Post: Alternative to STESSA?

Tom KnodtPosted
  • Posts 19
  • Votes 13

We are trying out the free version of Stessa, but have been using Google Docs spreadsheet before this.  I am considering using an extension called Tiller to feed data into Google Docs.  Tiller uses Yodlee to handle encrypted logins, maybe their connection to banking data is more robust than Stessa's free version.  Tiller is $79 a year, with a free 30-day trial.

Nice job, thank you for sharing your experience.  

Another facet of this was networking. Although the property was on MLS, an investor / realtor told me about it at a REIA meeting in Bryan.

Great job, David!  That is a super deal! 

Hi Greg,  Thanks so much for the great meetup at your project home tonight!  It was great to meet you and your wife, and everyone else there, not to mention seeing your house getting ready to spring forth with new vigor, life, and imagination.   (Basically, your courage to undertake the project should bring much new value to this home, and I hope that you are greatly blessed for it.  My "pep talk words" may be also for my own benefit, to be willing to take on some risk to get a reward).  Thanks again for a pleasant educational experience.  Tom and Diana

Howdy, Greg,  I thought that I told you that Diana and I were coming to your meetup, and now I don't see it on your thread.   I am on a different computer now, logged in as myself, don't know why it would not show up here.

Thanks, Greg, indeed, Diana and I will attend.  Should we bring some cookies or anything else?

Post: South Euclid Triplex

Tom KnodtPosted
  • Posts 19
  • Votes 13

That looks like a solid deal, for sure!  Thanks for sharing, Tristan.  Did you get any forecasts on rent rates in this area?   

Hi Julian,   Yes, I will concur with Annchen that it seemed like the RESS was pointing to 2 or 3 month - past foreclosures.   It could be that if you are in a larger market, there will be more happening and a greater likelihood that it could provide you with current information.  It would be great to hear of your results on that, because I was given some extended trial periods, and talked to Elite about my experiences; they seemed to act like they had concern, but no results came through.  

Hi Justin, That is something that we are thinking about here, as well.   Certainly seems like the Property Owner should at least get 1/2 of it.  Perhaps it should start at 50-50, and go more percentage to the owner the later it gets.  Or vice versa -  start at 70-30, the management company getting the 70% for a prompt recovery, and then going up in percentage to the owner as delay increases.  I wouldn't want there to be less reasons for the management company to pursue the money, as time goes on.