Alright people, time for me to smack you with some more STR knowledge. So we bought a beach duplex in Carolina Beach, NC 2 blocks off the water, our downstairs 3/2 unit is on track to do 57k this year, which pays our...
I've been looking through the forums over the past couple days to try and find an answer, but haven't really come across many posts that are more recent. I am looking into accounting/bookkeeping software to use for my...
Hello,
I'm kind of new to real estate investing and first time posting on bigger pockets! I have been trying to self manage a couple of properties for the last 2 years. Haven't had many issues except I run into thing...
My PM uses AppFolio and apparently it can not produce standard accounting reports (P&L, T12 and rent roll). Can anyone confirm this or help me coach the PM? I need these reports for the bank and for general anal...
Do you place your tenant screening criteria on the application or advertisement? I have the income requirement on the application now, but I'm curious if other PMs list things such as minimum credit score, eviction-f...
Hi, I own three properties with eight units (we live in one). The first property has three units, the second property has three units, and the third property is our primary residence with a unit. We have decided to no...
I am a rookie with only 1 rental property as a house hack and I was using rent redi as my payment software until I realized that it charges the tenant a 10 dollar fee every time so goes and pays rent and I don't like ...
Hello,If there is another post has already answered this question please point me to it. I didn't see one so I thought I would ask.In Nevada do you need to be a REALTOR (certified) to have access to the MLS or just st...
What kind of paper trail do you maintain when collecting rent? I collect rent monthly through Venmo but never give the tenants an invoice or a paid statement. Is collecting electronically enough if there were ever any...
After referring numerous people to my favorite mortgage broker I've recently tossed around the idea of becoming a broker myself. Ideally, it would be a semi part-time thing for me, mostly originating loans for other i...