Ryan Vienneau
Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
I contacted Buildium and they confirmed they do not offer credit card tracking, but offered a workaround which was to set up a credit card as a bank account, and when there is a balance it's just always negative in the bank account, and this would allow you to track individual purchases like it was a checking account.
Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
Personally I like 1 savings and 1 individual checking for each property.
Jeff G.
What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Median household income can be an indication of the area.It's not feasible to manage D-class remotely or with 3rd party management and make a profit.
Zach Howard
New, hungry, eager to start while also patient. Large risk appetite.
10 January 2025 | 17 replies
Hey @Zach Howard,Happy to connect with you and put you in touch with some solid individuals in Augusta, GA.
Ryan Goff
Grocapitus - Anyone have experience with them?
11 January 2025 | 168 replies
The offering document indicated certain projects which is what I subscribed to invest in.
Joseph S.
Current PPR Reviews
18 January 2025 | 27 replies
Obviously past results are not necessarily indicative of future performance, but it seems like a great investment for accredited investors to get a low-risk, solid return in exchange for some illiquidity.
Roy Gottesdiener
Pulling out equity will kill my cash flow but I want to grow my portfolio
31 December 2024 | 9 replies
i agree that a new purchase at 75% equity will typically not have significant cash flow and may even be negative when properly allocating for all expenses.Investing to max equity without reserves is risky and you indicate would result in stress.
Christian Jones
Best Property Managers in Columbia
26 December 2024 | 5 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
Early testing of this new system indicates that it’s a pain to get access to.