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Results (10,000+)
Justin R. Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
You may be able to see if a retailer still sells the 2024 version.If you can't get the one time purchase, you would need to see if the cost is beneficial.For real estate -  Quickbooks desktop > Quickbooks online because you can set up multiple entities within quickbooks desktop and not pay an additional cost per entity that Quickbooks online would charge you.Best of luck! 
Sean Spagnola Buy a portfolio or build my own?
6 February 2025 | 5 replies
If I could deploy the same amount of up front cost to purchase an up and running portfolio.My calculations tell me that I can be cash flowing much more if I spend the money on a portfolio or complex.
Veronique Leroy ISO 10+ residential units
30 January 2025 | 10 replies
I have found that they worked really well when it comes to getting better tenants and better rents, and having less hassle, less headaches, and then getting a higher sales price; without paying closing costs or realtor fees.
Dylan Gomez Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
You should only be liable for tax on any appreciation since you inherited the rental (minus the cost of your improvements). 
James Winchester II 1st flip, brick house with fire damage
31 January 2025 | 4 replies
Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 
Ofir R. 50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Ricardo Lemus The rent does not cover all
3 February 2025 | 11 replies
Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 
Palak Patel New Landlord: How to Screen Tenants & Attract More Applications
14 February 2025 | 8 replies
You can avoid costly mistakes. 
Katie Camargo Are home warranties ever worth it on rentals?
4 February 2025 | 7 replies
Unless it is a new build, and it comes with purchase warranties are an extra cost and may or may not even be executed when needed depending on the circumstances. 
Adedayo Adetunji Stranger occupied property without consent
8 January 2025 | 5 replies
We get just as frustrated because the system is a bit "broken":(I believe the team is in communication with you about your options - just be sure to also let us know your choice to secure the property to deter squatters as cost-effectively as possible.