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31 July 2024 | 5 replies
Hi community,Outside of the bigger pockets tools such as the rental calculator, what do you use to do that math and understand how much to charge rent and determine where you to buy real estate.
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3 August 2024 | 2 replies
@Kenton Guidry Hi Kenton, I have had replacement windows installed at my primary residence as well as at one of my rentals.
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3 August 2024 | 2 replies
The UPDATED rental comps around the area shows $850/month/unit.
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3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system: ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?
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3 August 2024 | 28 replies
I have 6 rental properties, all Single Family Homes.
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3 August 2024 | 7 replies
Then you can start dabbling into buying rentals or flips.
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31 July 2024 | 34 replies
In this case, where they NEED to secure a new rental vs a case where they merely WANT to move, they’re expectations will become realistic VERY quickly.If a property owner could net the same amount of money doing a long term rental, then that’s what they’d do so to avoid the more work and less uncertainty of 30-90 day rentals.
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3 August 2024 | 3 replies
My husband and I are dipping our toes into rental real estate by renting out the family home that we've been in for over 22 years.We own the home outright.
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3 August 2024 | 2 replies
My passion lies in real estate development, particularly in the realms of short-term rentals (STR) and long-term rentals (LTR).
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2 August 2024 | 18 replies
What are the things you should consider in buying your first home rental property?