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5 November 2024 | 29 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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2 November 2024 | 2 replies
Obviously I will have a title search and get title insurance but I assumed they would still be required to fill out a SD but maybe not.
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4 November 2024 | 9 replies
Communication is challenging, most likely uninsured, but this is in-line with the budget.c) Keep searching for contractors, adding time to project and potentially costs.d) Buy scaffolding or rent scaffolding or a lift and demo myself for under $1,500, including dumpster.What would you do??
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7 November 2024 | 22 replies
Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.
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5 November 2024 | 18 replies
We are currently searching and analyzing properties on the market.My question is regarding "free" credit offers.
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3 November 2024 | 17 replies
When I search properties mainly in Punta Cana I always run into sites where condos are in development and have about 1 - 2 years till completion.
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4 November 2024 | 13 replies
A good property manager can protect your property, income, time, and sanity.Start by going to www.narpm.org to search their directory of managers.
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3 November 2024 | 21 replies
Quote from @Zachary Gray: I think the value would be to identify your strengthsoperating, underwriting, administrative, analytics, etcthen search for areas where you may be weaker such as deal finders, people with access to capital and opt to partner.
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5 November 2024 | 28 replies
My questions for you all:Is there red flags that you look when searching for a house hack deal?
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1 November 2024 | 8 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).