Allison Park
Property Management Software
29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
I have since transitioned to Baselane for my banking and bookkeeping purposes.
Karina Busch
How to get fixed rate loans on investment properties?!
2 December 2024 | 21 replies
I work with a small regional bank that maybe has 20 branch locations across 2 states.
Rob Bergeron
Important For Jefferson County Buy and Hold Folks
4 December 2024 | 4 replies
Quote from @Kelly Bankes: Thanks for this info, Rob.
Christine Aledam
Time to find a new Accountant?
3 December 2024 | 21 replies
Once you have the LLC and IRS Employer Identification Number you can open a business bank account to track rental income and expenses.
Ryan Raven
Property management license IL
6 December 2024 | 5 replies
Please consider this if you move forward.Additionally, you need to have a broker on payroll in illinois and three separate bank accounts with the security deposit trust account located in illinois.
Justin Bradbury
In the educational phase, looking for more resources
4 December 2024 | 6 replies
You will need down payment money, You will need cash reserves Money, you'll need closing costs money, and you will need to get a bank loan.
Jasmine G.
Financing first rental
3 December 2024 | 10 replies
But the struggle is real right now… It will be challenging to find banks that will lend with less than 20% down.
Chris Rendall
Issues with homeowners insurance when transferring title to LLC?
4 December 2024 | 10 replies
This is where the bank generally gets notice Title was changed.
Qusai Agha
Newbie from London! Assignment Contract Wholesaling?
7 December 2024 | 2 replies
I have a background working with banks, hedge funds and large infrastructure developers, and have been told my sales and negotiation skills could be leveraged in real estate, particularly in wholesaling.