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16 December 2024 | 35 replies
@Eric Chappell this software does seem pretty cool.
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15 December 2024 | 25 replies
One of the big ones is that accounting software can keep track of partners' contributions and partner equity.
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14 December 2024 | 2 replies
Hi all,I tried Magicplan and found that it could not create a floorplan using my Android tablet's sensors as advertised and it's room-focused approach made doing a manual plan very difficult.So I thought I'd see if an...
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26 December 2024 | 7 replies
Hi BiggerPockets community,We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD.
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19 December 2024 | 13 replies
Their customer support is terrible and some of their software, but they have about 8x the site traffic in general than Airbnb and VRBO combined, surprisingly.
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19 December 2024 | 8 replies
Hello Brad,I currently use Tenant Cloud as my property management software.
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16 December 2024 | 9 replies
I dont know how many units you are talking about, my biggest problem was tenants having easy access to me.I finally decided to use a software and got an internal property manager so moved away from it.Currently setting up the maintenance request portion of it, so will see how it goes.
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20 December 2024 | 12 replies
I'm looking at it on my rental software and there is also a fee for it which is the main deterrent for me currently.
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11 January 2025 | 420 replies
Only the data differs.Here's the summary...Here's the example, without Loan Acceleration: Loan Amount $ 200,000.00 Total of Payments $ 386,511.57 Interest Rate / yr 5.00% Total Interest Paid $ 186,511.57 Term (Years) 30 Payoff (years) 30.00 Monthly P&I $ 1,073.64 Number of Payments 360 (Sorry - copy-and-paste from Excel doesn't work quite like it should in the forum software.)Now, here it is WITH loan acceleration: an additional $15,000 once a year: Loan Amount $ 200,000.00 Total of Payments $ 252,073.75 Interest Rate / yr 5.00% Total Interest Paid $ 52,073.75 Term (Years) 30 Payoff (years) 9.17 Monthly P&I $ 1,073.64 Number of Payments 110 .So, there's the savings in interest (numbers rounded):Without debt acceleration, $186,512 over the life of the loan.With debt acceleration, $52,074.Total interest savings: $134,438."... b-b-but David, what about the interest on the HELOC?"
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30 January 2025 | 48 replies
Having been involved in various industries and businesses, I’m well aware of the pitfalls, and not falling for the “get rich quick” schemes like buying Section 8 housing using gimmicky software.