we have issued exactly 1 receipt in 6 yrs and 15 houses. so, dont bother with them unless they request them. it's a waste of time.i have Quicken Property Manager and love it. it keeps our personal and business stuff on there. throw excel and such junk out the window. most people have Buildium, but it's expensive for just 1 house.quicken PM is around $80 give or take. dont use excel. 

Looking for a good excel sheet - not to complicated, to keep track of 10 rents on one property. 

There is a possibility this is indicative of market conditions, but that's not how this was advertised.Additionally, when you pull search results, the system makes you pay for extracting the leads in excel after I've already paid for  the software.

Because I enjoy the planning and coordination, I enjoy design and building, I want to be out in the field often, and I believe I'd excel at it.

@Joe Villeneuve has written some excellent posts on the power of leverage and as long as you know how to maintain and control your leverage, you could turn that money you would normally put towards getting a house free and clear, and turn it into multiple other properties. 

Hello BP Nation:I am looking for an excellent property manager, new or tenured, in Knoxville, TN, for a small multi-family (5-units) I am considering to purchase.

Typically, if you only own one or two properties, all your other expenses (maintenance, mortgage interest, property taxes, DEPRECIATION), tend to outweigh your gross income so that your actual net that flows down to your personal tax return is a loss and not a gain.In that case, you get to deduct up to 25k a year in losses (or all of it if you're a real estate professional).Now if your houses are still cash flowing after all those expenses and your LLC really does have a net gain for the year, then that net gain is going to be treated as income to be taxes by the IRS at the end of the year.

I have an excellent credit score, am I able to get a conventional mortgage for less than 20 % down?

The way we work right now with clients, they download details in excel or csv and import it into QuickBooks.

I was hella impressed by the transparency and Jay's willingness to meet me either halfway or all the way.