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Results (10,000+)
Robert Zajac Managing my manager - how to best approach maintenance requests
21 January 2025 | 10 replies
I found similar patterns between all 5 companies: namely, they had taken on too many units, were over-charging me for things I didn't need, and weren't handling issues correctly (they would send out vendors who didn't know what they were doing, mis-diagnose issues etc.)No disrespect to the PMs on this chain or BP in general, but any third-party manager won't perform exactly the way you would like them to simply because of the constraints they are faced with as far as having so many units and owners to keep tabs on. 
Izraul Hidashi If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
I believe you are correct.
Julio Gonzalez Cost Segregation FAQ
31 December 2024 | 3 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
Ryan Vienneau Buildium users - how do you handle credit card tracking???
14 January 2025 | 8 replies
Buildim has a general ledger so you can record credit card transactions the same as in any other bookkeeping software 1- add to chart of accounts a current liability called for example capital one credit card2- when you want to record a credit card transaction go to general ledger create a journal entry, for example if you swiped your card for a maintenance expense in the amount of 1,000  youshould debit maintenance 1,000 and credit your liability account called capital one credit card for 1,000so your liability account balnce is always the same amount as your credit card balance 3- if you pay intrest on your credit card add to charts of accounts an expense account called capital one intrest fees and when you got charged intrest create a journal entry debiting capital one intrest expense account and crediting your liability account 4- to record a payment to your credit card you can record a check from your bank account payable to capital one you should add them as a vendor or you can do a journal entry It simple for anyone with a little bookeeping knowledge and btw thats how its also done in quickbooks or anywhere else And thats the correct way doing it although there are a few other workaround ways for exemple creating a contra asset or as paying a vendor So i dont know why you blame buildium it would be the same with any other software 
Anita Z. Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
If you owned a few thousand rental properties, you could argue that owning a private jet is a significant time saving tool and well worth the cost.
Guan Hong Guo Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Be careful following the advice of strangers on the information superhighway.My apologies, you are correct on Familial status meaning pregnancy/children, I was indeed thinking more of marital status.
Erik Applegate Management by Room / Apartment Complex
4 January 2025 | 8 replies
I believe Pricelabs is offering a pricing strategy and market analysis info more in line with hotels, and that might be a good tool for you to look at.
Jeff G. What are some warning signs that an area is slipping from C class to D class?
7 January 2025 | 19 replies
Do you have some tool for determining the median credit score for a given neighborhood?
Joseph Kirk Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Do you use bigger pockets tool?
Polat Caglayan focus on in detroit
9 January 2025 | 5 replies
@Polat Caglayan I already responded to another post of yours.Your question will take a lot to answer correctly, so please DM us to schedule a chat:)Thanks @Jonathan Greene!