Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Checked info online and should be getting some sort of updates, but nada.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
We just closed in late Dec so the financials are a work in progress but we’re projecting and tracking closely to a 55% expense ratio and should have about 11% CoC in year one through the renovation period as we get more renovated units online.
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
15 December 2024 | 25 replies
Plus, they handle online rent collection (a necessity if you don't have a property manager!)
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.
Gordon Cuffe
Old member introduction
17 December 2024 | 7 replies
I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.
Felicia Richardson
Reliable Foreclosure Websites
14 December 2024 | 11 replies
In most states they must be published in a local paper which all are online.
Marc Shin
Necessary to include photos of the exterior of the property?
20 December 2024 | 12 replies
You’re online listing doesn’t need to be a comprehensive photo shoot of every single nook and cranny of your home
Eric Chappell
Has anyone use Rental Hero for bookkeeping?
16 December 2024 | 35 replies
Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes.
Ben O'Neill
How to calculate ROI with multiple loans on purchase property?
19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
The amount of ideologically inspired nonsense online is mind-boggling.