
16 December 2020 | 1 reply
You can have 10 conventional mortgages in your name, a spouse can have 10 in their name. 20 mortgage slots available for a married couple.

24 December 2020 | 79 replies
We are hedging our bets that all three digital systems are on different clouds and servers to minimize the risk of data loss.

20 December 2020 | 3 replies
I am in the process of considering property management software and wanting to hear from others how they got a good majority of their tenants to switch to paying rent online instead of writing checks.As we have rental offices at our properties, most tenants just drop off handwritten checks there (we even have a mail-slot for after hours), so there isn't that much work involved.

28 October 2020 | 4 replies
From my research I think my options are: 1) Upgrade to Quickbooks Enterprise with hosting ($130 per month), 2) Subscribe to an Intuit approved cloud hosting service to store the working QB file (seems about $65 per user per month), 3) setup a server within the office and connect all computers (not sure of cost but I imagine would require IT professional for setup and purchase of server), 4) continue storing working files in DropBox and risk file corruption.
12 November 2020 | 6 replies
That is unless you make enough cash flow to hire someone to empty those coin slots.

4 November 2020 | 2 replies
That information is going to be listed with the Secretary of State and you don’t want process servers showing up at your house.

3 March 2021 | 10 replies
Once you get 10 on the books, then roll the majority of those to a commercial blanket loan, and open up your 10 Fannie Mae slots again.

4 March 2021 | 4 replies
I'm guess the upside is vacant slots infill, and about half your expenses were labor (guessing that's the owners take).

5 March 2021 | 13 replies
You can each have up to 10 loans, so if there are 4 of you, you could have potentially 40 properties collectively before being out of Fannie Mae slots.

3 March 2021 | 1 reply
So rather than buying 10 properties together, you can each buy 10 properties for a total of 20 properties.At that point you roll most of your properties into a commercial blanket loan, that thereby frees up your 10 conventional slots again, so you can buy another 10 at the best terms.