Chris Kittle
Questions to ask on an 8-plex
17 November 2024 | 33 replies
things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Their online banking software is pretty nice though.
Mitchell Gunlock
Land with ADUs
13 November 2024 | 8 replies
I don't know what market you are looking in, but in California that would mean solar panels, rain barrels, fire sprinklers, etc.
Daniel Bell
How to do showings the right way
14 November 2024 | 8 replies
We manage multiple long-term rentals in Indianapolis and use Buildium as our management software, with Tenant Turner integrated for showings.
Travis Andres
Pricelabs for MTR?
13 November 2024 | 5 replies
Just launching our first MTR so trying to figure out all the software needed.Thanks!
Anya K.
Real Estate Professional Time & Activity Tracking Spreadsheet
12 November 2024 | 13 replies
Tsheets, Cloudshark and many other software out there.
Kendrick Seen
CRM and List Management
11 November 2024 | 6 replies
Hey @Kendrick Seen - I agree with @Jonathan Greene that it's most important you use it and use it well.With regard to real estate specific software, we really liked RESimpli.
Joshua Wei
Cost segregation recommendations for Birmingham, AL
12 November 2024 | 4 replies
@Joshua Wei For SFH check out our RCS software.
Tanya Maslach
Process workflow for an MTR: An example
13 November 2024 | 11 replies
to make this workflow smooth.But as usual, software companies don't make this easy on the end user.
Aus Smith
Property Management - Contract and Fee Structure
14 November 2024 | 10 replies
It is usually dependent on the PM software used.