
4 December 2024 | 5 replies
Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.

3 December 2024 | 2 replies
I use REI Hub where all my accounts are connected and I categorize income, expenses etc.

6 December 2024 | 6 replies
Add some escalator, such as 3%, for example, to account for potentially higher costs after closing.

4 December 2024 | 9 replies
Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!

6 December 2024 | 34 replies
Good product, but the enterprise account was way too expensive, so I switched to Profit Drive from the REI Blackbook guys.

5 December 2024 | 6 replies
Bank accounts, stocks, all assets.

3 December 2024 | 29 replies
There is a tiny little link under "Account Details" that links to a more informative web page.

6 December 2024 | 10 replies
@Rick ImI have an expense account called "Failed Real Estate Escrow Expenses " (in QuickBooks) for my flipping business and bookkeeping clients.
4 December 2024 | 4 replies
My guess is that it won’t actually take you a lot more time, just the extra fees, but those should be accounted for in your profit calculations

5 December 2024 | 31 replies
I have attended plenty Padsplit events and talked to my Account Executive (AE) and some veterans from Padsplit (the real expert, not newer sales person), and some Padsplit investors who own them and love them.