David Calme
Bookkeeping Methods for Small Investors
I am sure that this topic has come countless times in the past, but I am hoping that someone can recommend a good bookkeeping method/software for keeping track of less than 5 SFRs. In my situation, I am investing in ...
Zachary C.
Buildium: Stand Alone Property Management Software?
Hello Property Managers and Investors,I would like to start a productive little discussion on Buildium. The other day I briefly looked over the Buildium account of a PM company that has been in business for quite some...
Russell Gronsky
Basing CAP rate off projected income
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Trevor Rutherford
Texting tenants
I'm sure there are a dozen apps out there to send text to remind people that rent is due. Can anyone recommend one?
Mitchell Rubinstein
New Investor from Glendale, CA
I'm a 52 year old new investor (I guess better late than never). I am leaning towards investing in out-of-state rental properties (either SFH or small multi-family to start) to create some passive income that I can co...
Zachary Schimenz
My Experience With Memphis Invest (Turnkey Company)
Hey y'all! So, I recently tried out my first home purchase with a company called Roofstock and had a terrible experience.This is round number 2!! Going with a company called Memphis Invest. They have a TON of good rev...
Sunny Burns
Tenant wants Vanity Upgrade - Should I go in 50/50?
So my tenant has been asking about upgrading the vanity in her unit. The current Vanity is a small 24" vanity, it's not in bad shape, but I agreed a 30" vanity would be nicer in that space. So far I've told her I migh...
Jeffrey Duck
Accepting a tenant with an eviction
I'm looking for my first tenants right now and had come to the conclusion that I wouldn't take ANYONE with an eviction, but I may break my own new rule.I've also decided that I want long term tenants and I'm not going...
Jordan Moorhead
Low Income Rentals. Do you like them?
So in October I bought a low income rental in and ok neighborhood. My other rental is in an attractive neighborhood in Minneapolis and has been a breeze.
This low income rental has been quite a bit more work. It’s go...
Jim K.
Oh my God the stories...
I just recently finished up the full purchase of our first small multifamily. Before this, I was in duplexes and single families. I feel I've come away from self-managed low C-class real estate investing with my share...