
17 August 2024 | 9 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.

15 August 2024 | 13 replies
To simply put, property accounting is anything to do with the actual property operating day to day accounting such as rent income and rent expensesCorporate accounting is anything to do with the LLC as an overall so if you pay for gas for your car for business, it will be corporate, if you pay for a meal, this is corporate, paying for business licenses, office supplies, etc.Actually I learned this from him

16 August 2024 | 4 replies
I have comps from a friend of mine, but it’s hard to compare when they’re not all exactly the same.

14 August 2024 | 134 replies
At the end of the day, the legal arrangement has changed, but the functional arrangement is basically the same.

14 August 2024 | 7 replies
While that is good for lenders, since the process can possibly be less than 30 days, while other states could take years. it's a hazard for 2nd lien position holders who could not be informed quickly enough to safeguard their principal before the senior creditor forecloses or don't have the capital available to pay off the 1st lien holder to preserve their loan position and avoid foreclosure.

16 August 2024 | 6 replies
Not quite the same but I manage some by USF in Tampa which is about 30 mins north of downtown Tampa.

16 August 2024 | 20 replies
South Louisiana has cooler temps and is cold (day time highs in the 50s) in the winter, so we were thinking more about these months, than the 3 months in the summer when it's hot and humid.

17 August 2024 | 25 replies
If you buy aggressively every year, you can refinance several deals in 5-7 years and buy the same property and afford it with the cashflow from those rentals all while you have equity gains and appreciation with tax benefits and cashflow.

15 August 2024 | 9 replies
When I talked to RTR, they told me it’s the same market.