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8 February 2025 | 3 replies
As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!
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23 January 2025 | 56 replies
We've learned a ton, but at a significant cost.
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28 January 2025 | 14 replies
We network with other fix & flippers teaching them how to properly structure a seller financed note so that it has value on the secondary market, we then buy a partial from them to take out most, if not all, of their cost basis so they can recapitalize and go do another deal.
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16 January 2025 | 19 replies
The managers are non-communicative.
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23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
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6 January 2025 | 12 replies
Tenant stopped paying rent before 2 months of the lease expiring, property manager filed for eviction process but tenant vacated the property before sheriff served the notice.
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20 January 2025 | 6 replies
That strategy actually makes your lead management team much more efficient because it outsources the mind-numbing tasks to the robots and lets the humans focus on what humans do best.
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7 February 2025 | 41 replies
Out of the 300 properties I manage, we only had 1 eviction last year.
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13 January 2025 | 1 reply
Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.
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21 January 2025 | 3 replies
@Tayvion Payton I have managed many properties in neighborhoods like this.