Also, make sure this wholesaler has a track record.

Investment Info:Large multi-family (5+ units) buy & hold investment in Plymouth.

Generally speaking, with SFR or small multis, I just rely on the lease/rent roll (and some form of proof of payment; i.e. bank statements, deposit receipts, tax returns, etc.). 

Keep building, you’re on the right track!

I use it for expense tracking (which is great) and have been transitioning to rent collection/cash management.  

We do want to settle in a little bit here while continuing to do our homework, but hope to get into something in the next 6-12 months.With the way interest rates are looking now and what little I see on public listings, I think a smaller multi-family that needs a little rehab would be the best bet. 

When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.

Do not forget to prepare the balance sheet, track distributions etc.

Hello buyers in the Spokane, WA area and the PNW!

I have a deal on a triplex in Spokane, and i feel it is a good deal, does anybody have time to answer some questions? I can disclose the property address and detail...

Luckily my clients were able to get them back on track but they had to dig deep into there pockets to do so.