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16 September 2022 | 29 replies
Quicken (Quickbook’s little brother) is $50 and overkill for what you’re asking but it can help you with your personal record keeping, auto enter bank and credit card transactions, keep track of expenses that are not property specific and yet you want to deduct from your taxes (cell phone, internet, accounting software, computer, etc…)It will let you track each form of income and expense per property and not related to any property.
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5 September 2022 | 13 replies
I own 2 condos in Northern Virginia for the past 8 years and I have always paid the HOA fee auto pay every month.
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2 September 2022 | 4 replies
When you call a tree removal company specifically tell them you plan to need the tree craned or otherwise mechanically lifted/supported for removal.
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5 September 2022 | 4 replies
Do you have any idea for having the servicer auto-bill my bank account as a backup in case the end buyer (C) fails to make payment?
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7 September 2022 | 5 replies
I was really just scouring the MLS for assets that I felt had immediate walk in equity, usually because of some mechanical issue(that wasn't really an issue) and some cosmetic items that were turn offs.
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6 September 2022 | 2 replies
I have a mechanic shop under contract that me and a partner want to go 50/50 on the real estate.
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7 September 2022 | 14 replies
If you use something like Stessa, you can input all your houses detail and Stessa will auto create an excel spreadsheets with all the detail needed for loan officer , send that to the loan officer so they don't ask 20 questions back and forth.Also this may be useful for future Biggerpockets projects: try to have updated most underwriting of major lender in one webpage that we can query on so we can go to the proper lender without too much hassle.
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9 September 2022 | 0 replies
Long time owner had done minimal improvements and property needed a cosmetic overhaul, plus upgraded mechanicals and new roof.
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12 September 2022 | 6 replies
I have them on auto followup so I don’t have to contact each one.
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15 September 2022 | 9 replies
The vendor states the a/c broke due to the tenants keeping it in the low 70s, causing it to freeze and auto shut off and that tenants would have to keep it above 74-75 from now on.