Kyle Jacques
What is the best software for managing STR?
7 December 2024 | 15 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.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
Their new online system is really confusing, and I have had to call customer support for help each time I needed to wire/ACH funds because I could never figure it out on my own (and their customer service chat box isn't set up yet).
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊
Kerry G.
What are good resources for short term rental laws
5 December 2024 | 10 replies
check the local municipal code, most are online.
Denny Knapp
How do i know how much the rehab will cost?
7 December 2024 | 14 replies
In my experience, most of the online calculators are just taking an educated guess for you.
Mary Lopez
How to find a Commercial Multifamily Loan <$1M
12 December 2024 | 37 replies
When I did an online search for commercial multifamily lenders, most have a minimum lending requirement of $1M and I don't need that much.
Blake Grzybowski
Can't find Pre-Foreclosure Properties
15 December 2024 | 8 replies
Search for this in a Michigan Public Notice legal newspaper or an online legal notice aggregator site like USALEGALNOTICES and the fount of MI pre FC/FC data will be available to you.
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
You can create your own, or there are house flipping spreadsheet templates available online
James French
Private money club with Chris Naugle
11 December 2024 | 12 replies
I just can't find ANYTHING online that isn't from Chris or his team.
Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
I've seen some conflicting information online, so getting it right from someone who does it would be amazing!