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22 January 2025 | 12 replies
With proper tenant screening and systems in place you can absolutely be a successful landlord.
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23 January 2025 | 11 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
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24 February 2025 | 36 replies
Good luck and hope to hear more about your success!
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24 January 2025 | 21 replies
Success comes from consistent action and patience, so keep refining your approach and scaling gradually.Good luck!
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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
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19 January 2025 | 51 replies
In particular, the ability to auto-sync and categorize bank transactions (similar to Stessa), easily track expenses against budgets, and streamline lease creation with lease templates is quite nice.
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26 January 2025 | 17 replies
I own a LTR in central Houston that I think would be pretty successful as an STR based on the AirDNA data.
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23 January 2025 | 56 replies
I'm glad you were successful.
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21 February 2025 | 28 replies
I’ve had great success with those areas, and it's nice to see that they're appreciating over time.
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7 February 2025 | 17 replies
Of course we wish you the very best of success with this investment.