I've been buying tax liens for some time now (off and on, now I'm Very On) and have used Excel up to this point. Excel has become cumbersome for the numbers and status of the certs.  Some redeemed, what phase of redem...

There is about $1,200 per unit in salary and $300 for office expense (accounting, software) so that gets you to $3,200 best case scenario unless you go replace toilets and fix leaks yourself. 

I would never permit a tenant to do work on my property.

Hi.I'm scanning online at all these CRM programs and softwares, and I'm curious to know if they are a "must".Is there another type of peogram out there that can track all your clients names, contact info, what they're seeking, and a scheduled calendar?

In my former realtor life, I easily sold well over 100 nice higher end homes every year-- because I FOCUSED.I developed a very organized system ( felt like McDonalds as far as processing the client on-boarding-training then find it-buy it-close it part of transactions).I chose my top 10 favorite parts of the Greater Charlotte MSA and I think clients were drawn to my success, in depth knowledge of each area.The best part with a focused system is it permits quality time with clients.If you will focus , develop your system --and perfect your support team of professionals, nothing can stop you and money just comes!

Make sure you pull permits.

QB has a lot of paid attachments, just like Microsoft has a lot of paid software you can install.

Everything about that decision is local. 3) (the question you did not ask) I would guess that the bank would require that you had approved building permits in hand before they would take the risk that you would convert the retail to residential.... they might want to put you in a 5 year commercial loan, that had the cavoit that you could convert it to 100% residential, then in 5 years you get a residential loan...My unsolicited opinion: Commercial is usually a higher rate per sqft than residential rates, why spend money to change it?

Elizabeth has what I would describe as a strong rental community, but market your unit aggressively and develop a solid screening criteria to decrease turnover and the chances of eviction2) Partner with a Realtor or call the tax assessor to get the up to date taxes on the property, also note that when you make improvements to the house that require you to open permits you run the risk of a tax increase.Hope this helps reach out if you need anything

Soon after, we attempted to obtain a rental license for the property only to find out that the certificate of occupancy was invalid because the use permit stated the property was a two unit and not a three unit.