Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
We track multiple disregarded entities using the location feature and multiple properties using the customer feature (units can be tracked as sub-customers).
Mindy Perry
property management software and 1099 K
31 January 2025 | 7 replies
@Mindy PerryReally doesn't matter what software you pick as long as it has the features you want.Two biggest challenges with ALL software:1) None are perfect, so deal with the tradeoffs2) Most users rarely put in enough time to really understand how to utilize the software.
Devin James
Update - Everything Went Wrong
30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
Diandre Pierce
Mobile home park opportunity
12 January 2025 | 7 replies
Agreeing with @Dominic Mazzarella I would go to your uncle and ask him how much he needs monthly to sell with zero down and a 7 year call and balloon at the end.
Byron Umana
How to Maximize Your Airbnb Income: Tips for New Hosts
26 January 2025 | 7 replies
These small touches can create a memorable stay and encourage positive reviews.Create a Standout Listing: Invest in high-quality photos, write an engaging and detailed description, and highlight features that set your property apart.
Michael Williams
Best Tenant screening/managment app
12 January 2025 | 1 reply
The interface is user-friendly, and the reporting tools are especially helpful for tracking property performance.One downside is that it can be a bit pricey for smaller portfolios, but the features have been worth it for me.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
The first 4 are real magazines but do not feature his name or any of the important key terms in any of their articles.
Maranda Tucker
Charlotte, NC Market Update - Days on market averaging 90 days
15 January 2025 | 0 replies
With increased competition, renters are opting for homes that offer better value, updated features, and overall appeal.Final ThoughtsThis market shift is a wake-up call for investors and property owners in Charlotte.
Lorraine Hadden
Is There Such A Thing As Too Much Curb Appeal?
18 January 2025 | 4 replies
Curb appeal for higher-end properties will be much more important, especially when it comes to marketing - most ads and main listing photos feature the front of the property.In this case, I would consult with a professional - i.e. landscape designer or stager.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.