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All Forum Posts by: Vincent Q.

Vincent Q. has started 17 posts and replied 48 times.

Post: Software for Prop management

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

Hello BP,

Can you guys share what software or programs you use for your property?

Logging expenses, rents etc...

I only have 1 rental property.

Thanks in advance!

Post: Water pressure test for house cost?

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

Hello BP,

Would anyone be able to advise what it would cost to diagnose a water pressure problem for a small 2 bed one bed ranch?

Its a foreclosure and it states in the PCR water pressure issues?

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

@CJ M.

Thanks for the info CJ

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

@CJ M.

Thanks for the reply CJ,

Yes thats what someone else told me. I do not know what type of pipes the house has just yet.

If so is that an expensive fix?

Its a small 2 bedroom ranch 1 bathroom with a crawlspace with easy access to pipes?

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

@Christopher Orr

Thanks Chris for replying. I was concerned it would be something major. Sounds like minor issue

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

@Christopher Orr

Hi Christopher,

Yes its on the towns water.

The property condition report stated

Plumbing system did not hold pressure?

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

Hi,

I had my offer accepted on a foreclosure.

My agent advised that a previous deal fell through for low water pressure in house.

Paperwork stated " water pressure fail"

Should i be concerned? Is this a dealbreaker?

What could the problem be and the cost?

Please help

Post: Low water pressure in house!

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

Hi,

I had my offer accepted on a foreclosure.

My agent advised that a previous deal fell through for low water pressure in house.

Paperwork stated " water pressure fail"

Should i be concerned? Is this a dealbreaker?

What could the problem be and the cost?

Please help!

Post: Accounting for rental property software? Excel?

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

Hi All,

Im a new landlord and an wondering the best way to record the rent, expenses etc for accounting and record keeping.

Any suggestions? Do you use excel, or is there a specific software program specifically for rental property?

Hope you can help

Post: Heloc as down payment then refinance

Vincent Q.
Pro Member
Posted
  • Rental Property Investor
  • Posts 48
  • Votes 6

@Elliott Elkhoury

Elliott,

In response to your earlier reply you had mentioned you Highly advise against the BRRR method? Can you share why that is? And also what method you like?

Thx