Hello BP.I would like to know how do you set up your bank account for rental, specifically for efficiency.Here is how mine is set up, and any feed back or tip is welcome:Three accounts1. Trust account for security dep...
Free or paid, what property management software do you guys like to use? Which software platforms would you recommend for first time property owners with small portfolios?
Hi Guys,
I'm under contract on a 133 unit self storage facility in Odessa, TX at a purchase price of $615k. Due to timeline we won't be able to use an SBA loan, and it's a turnaround (40% occupied with no marketing,...
I was curious if any note investors out there us a virtual data room vs. a file sharing program (box, dropbox) to securely share files? I have been looking into them and spoken to several companies but was curious if ...
Hello BP. Hope everyone had a wonderful holiday. One of my NYR is getting more involved with REI and BP forums, so here it is.How do you guys manage your REI bank accounts?From what I understand from previous discussi...
Do any of you use cloud based programs for accounting or other uses? What has been your experience? Have you personally ever had a bad experience with a cloud based program, and if so, what was it?
We are new investors to rentals/flips. I have recently purchased 12 properties which 10 are currently rented. I'd like to self manage these. I just want to make sure my financial tracking and bank accounts are the m...
Hi, I would like to understand the pros and cons in using a property manager (live person whom I can be in touch directly) vs using all-in-one property management softwares such as rentredi, hemlane, caretaker, etc. (...
Im looking for an easier way to collect rents from rental units from single family homes. If you use something you like let me know.
Probably asked a million times, but what is the most popular property management software currently? I currently have 17 rentals, with plans to add more. I am currently trying out Stessa, but it feels more like a "fin...