HelloI recently invested in a multifamily property in Florida and I recently got an overview of the property manager's work and the Resman software they use.I'm not a PM expert and I'm not an accountant either, but I'...
I am a new real estate investor that just closed on my first single family house two days ago. I am trying to get everything in order before I start renting it out. That being said, should I use an excel sheet to trac...
Hello,
I currently own 6 units total, I have a seperate checking account 'Investment property' that all money produced from the rentals goes into and does not co-mingle with my personal checking. Bills for the proper...
Hello BP nation. I have found what I consider a pretty good deal for a self storage facility. The plan is for my wife to have on site office hours and also have a drop box on location. My concern is the location of th...
Are there any good reads on this topic. As I try to grow and get more deals going this is one thing I lack knowledge on. Do most of you guys keep your own books use a software such as quickbooks or use an accountant. ...
Hi there! We have a couple rentals which are newly constructed single family homes. The purchase amount was $300,000 each and the land cost was about $47,000 each.I'd love to take advantage of bonus depreciation, howe...
Hi all
I'm sitting at 5 units right now and decided to optimize my tax situation. Is QuickBooks worth the $20 a month?? That's what my new accountant recommended, just wondering if that's not overkill for my small ...
Have been using QuickBooks for accounting, Excel for tracking, and DropBox for a file sharing. Looking for a Property Management software to consolidate these functions. Did an AppFolio demo today and love it (despi...
For the new investor who is managing just a few rental properties, what software would you recommend?
I am reading about cost segregation studies and trying to determine the cost benefit analysis of the various approaches for SFR properties. Here is what I have that I am considering studying:2019 purchase of 3/1 SFR ...