Just because it's been a full calendar year now since my wife and I closed on our first property, I figured I would post this to celebrate. I am not an experienced investor by no means, but I hope this helps someone ...
What are best practices you recommend for someone starting with their first rental property? Should the tenant payments and mortgage payments be run through a separate bank account than my primary personal account? Ho...
Anyone have recommendations for a simple property management tool/software for REIs to keep track of multiple units??? I currently have one unit and looking to expand in the near future, but I want to have a manageme...
Hi - I need to purchase an accounting software to manage rental properties. My accountant recommended Quickbooks. Any other recommendations out there that may be better/easier to use?
How would you respond to a request to use your rental for a fundraiser? I don't feel like it would really benefit me to do this. My name on a banner probably wouldn't get much attention. Our rentals are in Branson,...
Hey guys, I am currently in the process of closing on a two unit duplex that I will be occupying while renting out the other unit. One thing I want to be prepared for is repairs and remodels. Specifically, creating a ...
I am curious.. what software do you use to management your note business? I can see as your number of notes increase, this can be a project management nightmare if one tries to use just excel!For example: a software t...
This is an interesting topic. There's more to it but I think this hit's some highlights and raises good questions. Plan and Research Thoroughly: Start by creating a detailed plan that outlines the scope of work, desir...
Hey everyone! Hope everyone's investments are doing well. Just wanted to get everyone's thoughts on property management software. Buildium to be exact.1. Has it helped you scale effectively? If so how?2. Has it helped...
Hi everyone. I have a questions about cash flow of rental properties. So I’ve been reading about all of the expenses I should be taking out of the rent I receive to determine my pure cash flow. Mortgage, taxes, insura...