David Braut
Hard Money Loans
31 May 2024 | 4 replies
If all looks good, I suggest a one-year loan with one automatic one-year extension for another 2 points, subject to on-time payments, taxes & insurance paid, etc.
Ismael Ayala Jr.
Traditional lending wth open HELOC
31 May 2024 | 6 replies
Doesn't automatically make it a bad deal!
Evan Loader
K-1 state tax filing requirements
31 May 2024 | 42 replies
Skynet will automatically disallow your claimed losses and send you a tax notice.
Peter Macron
Gifting an Expense Tracking Tool
30 May 2024 | 2 replies
I recently graduated college - paid for by the houses my parents were flipping while I was off studying - and wanted to find a modest way to give back what I could.To do this, I'm making a tool that lets them scan their receipts and it will automatically upload it to a pre-formatted Google Sheet that they can keep for each property to track expenses and eventually other metrics like returns etc...
Ahmad Moore
Tax Lien/Deceased Owner
30 May 2024 | 5 replies
Because state laws vary widely, my first thought is to talk with a title insurance underwriter in your state to see the requirements for insurable title on a tax deed.Quiet title may not happen "automatically".
Harshraj Thakor
What's the best software/way to collect rent for house hacking?
29 May 2024 | 15 replies
Hey Harshraj, I use Zillow Rental Manager, you can setup automatic rent collection and the rental income is easy to track.
Robert Dunbar
Cheap/Free/Best Rental Management Software
29 May 2024 | 5 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Tim Messina
DIY Home Rental
29 May 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Chidvi Pemula
How do you manage/keep track of your Short Term rental properties?
28 May 2024 | 4 replies
You can remotely monitor the property and address any potential issues quickly.Automated tasks: Smart lights can be programmed to turn on/off automatically, saving energy and adding a touch of security by creating the illusion of occupancy when the property is vacant.Consider using a smart home hub like Google Home or Amazon Echo.
Rene Ochoa
Managing software to use
28 May 2024 | 8 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.