Marc Shin
Under contract on an Older Home (early 1900's).. issues
12 September 2024 | 6 replies
I'm a first time investor, and all these things are adding up to be a huge headache and source of anxiety for me.
Martin Navarro
Analyze medium term rentals
11 September 2024 | 10 replies
If after adding the additional monthly recurring costs (electricity, gas, water, internet, insurance, lawn care, snow plowing, etc.) to the standard long-term costs (Mortgage, taxes, regular insurance, etc.) the property won't net at least $100 if I can get the average rent I see on FF for that area, then the property isn't worth more investigation.
Andrew C.
what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
Unfortunately, it doesn't help with the integration with QB but if you've got the amounts set up, you can always create recurring JEs in QB to automatically post the depreciation/amortization expenses as often as you prefer.
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
9 September 2024 | 14 replies
I think I'm heading towards a full replacement if leak recurs.
Shane Bishop
Best Accounting Software for Rentals
3 September 2024 | 4 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.
Andrew Steffens
Question for PM's, Self Managers
4 September 2024 | 13 replies
One of the biggest pain points for potential hosts or owners is the 24/7 communication so mastering that solves a major anxiety point for them.
Jeremy Beland
The Hard Lesson We Learned About Hard Money Lender
4 September 2024 | 7 replies
As the closing date approached, the seller’s frustration grew, and so did our anxiety.
Jason Hanson
Getting started with property managing
3 September 2024 | 17 replies
Enter recurring charges and automatic late fees.
Jim Adrian
immigrant screening process
29 August 2024 | 7 replies
. - Some credit bureaus and services (like Experian RentBureau or Esusu Rent) offer alternative credit reports that include rent payment history, utility payments, and other recurring bills.
Todd Mulholland
Need advice tenant informed me they did a repair w/o approval
30 August 2024 | 7 replies
This will hopefully prevent the problem from recurring.