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4 August 2024 | 5 replies
I've started doing some renovations on each property and have so far just ran everything through the 1 business credit card and business bank account -- keeping track of all of my invoices, etc.Even after I split up the properties into their own LLC's, is it safe to continue doing things this way?
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1 August 2024 | 35 replies
Does anyone have a good spreadsheet template for tracking all expenses associated with rehabbing?
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1 August 2024 | 12 replies
Evaluate the lender's reputation and experience: Choose lenders with a proven track record who have been in business for a while and have reviews/testimonials you can talk to if you like3.
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5 August 2024 | 7 replies
Most of these only allow in PM's with good track record and 50+ properties.
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4 August 2024 | 7 replies
You will need 2 years of track history unless you have another job/someone else on the loan. 20K is not enough to start.
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5 August 2024 | 9 replies
Plans start at just $59 per month, making it an attractive option for cost-conscious sellers.LendFoundry Loan Servicing Solution (LSS): This robust software offers features like loan tracking, repayment allocation, delinquency management, and investor reporting.
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2 August 2024 | 2 replies
To nail down where there are opportunities in B/C class neighborhoods would be difficult - I'd recommend getting a realtor that works directly with investors and knows where to find what you're looking for.I'm biased with PHX / AZ, but historically it's proven itself.
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3 August 2024 | 10 replies
We use Appfolio in our office and love it, and I know there are people out there who use Turbo Tenant as well, I actually met their CEO at a conference and he was extremely knowledgeable of the struggle in keeping track of it all.
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3 August 2024 | 17 replies
By best suited for section 8 I mean they are far away from our other rentals so it would be nice to not worry as much about having to track down rent.
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4 August 2024 | 8 replies
The additional amount in yr 1 was to help decrease the initial downpayment-Tenant responsible for all maintenance (but I did purchase them a home warranty to use) How does this work from a tracking perspective?