Tiffany Makiya
Rent to Price Ratio
2 November 2024 | 2 replies
Calculating the cash flow for both properties:Property A: $1,800 x 12 - $2,000 - $1,500 - $250 x 12 = $15,100/YrProperty B: $1,600 x 12 - $800 - $600 - $35 x 12 = $17,380Property B is the better property once operating costs are included.SummaryBecause the rent price ratio does not include recurring costs, it almost always provides invalid results.
David Matthew
Thoughts on my 1031 re-invest strategy?
2 November 2024 | 19 replies
These factors cause a bit of anxiety and have led to this whole re-evaluation.
Errol Graham
Accounting and Management tools for Landlords
3 November 2024 | 15 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.
Emily Mohr
Best all-in-one property management and accounting software
31 October 2024 | 7 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.
Rene Hosman
I can easily and consistently track my rental property cash flow each month.
5 November 2024 | 29 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.
Ismael Ayala Jr.
Seller financing and wholesaling
30 October 2024 | 7 replies
So there was a little anxiety of the unknown you could say and maybe a fear of missing out on a home right in my own neighborhood.
Karl B.
Halloween Fun: Anyone Ever Own a Haunted Property?
31 October 2024 | 17 replies
There's been a lot of stories but the most common recurring theme to the ghost sightings is a little girl in the north room on the third floor.
Deborah R.
Hurricane advice - LTR flooded
5 November 2024 | 39 replies
I have 4 properties in Ft.Myers and was spared this time, but the anxiety is real.I would have your tenants contact their renters insurance if they haven't already.
Cindy Joseph
First time land lord- need advice on rent/income ratio and let fee
23 October 2024 | 7 replies
Trust me, an extra couple of weeks of vacancy to find the right person is much cheaper in the long run than missed rent and eviction costs; and that doesn't even include the extra stress and anxiety from it.
Kanika Jain
STR market- north Las Vegas vs San Antonio
21 October 2024 | 10 replies
When choosing an investment city, don't rely solely on simple return calculations; consider all major recurring costs.