Matthew Cervoni
How is your Bookkeeping going half way through 2022?
Hello BP! We are half way through the year and I am interested to hear how your goal to have clean & insightful bookkeeping is coming? If you're having success, what strategies are you deploying? What software are...
Mike Alder
A bad partnership ends with 1.5 million GONE
I received a call from an investor the other day that had 4 houses he wanted to unload. When I asked why he was selling he replied that his partner bounced on him and left him with these D class homes he wanted nothin...
Nicole Heasley Beitenman
Now using RentmindMe to collect rent
Hey BP! Just wanted to share a resource I've started using that's been pretty helpful. I'm now using RentmindMe to collect rent. It's also helpful for keeping track of leases and deposits. I tried out Cozy but have fo...
Justin Wood
How to streamline/automate your cleaners for STR
I am sure this has been discussed, if so point me in the right direction of the discussion. But is there a way to automate your cleaners? So you are not calling them and scheduling after each tenant. Is there an optio...
Mary Culver
What are best ways to collect rent from tenants
I just purchased my first 4 plex. What are the best ways to collect rent? I would like to give my tenants a couple options with one option being the ability to pay in cash. I appreciate any tips!
Rebecca B.
What Happened to the Webinar?
I got my reminder 49 minutes prior. I went to the link 5 minutes before. At the start time it said to wait as the host want logged in. I closed and when I went to the link again it said the webinar had expired.
Jarrod Willis
Task/Process Management? Looking for something to work with teams
Anybody have recommendations for managing processes and task reminders? Were currently using Excel to track certain tasks, but would like something cloud based where the entire team can check tasks off, get reminded f...
Account Closed
Own a vacation rental in your IRA? Be aware of this potentially massive tax problem
Hey BP gang! I wanted to make a post about self-directed IRAs and holding vacation rentals like an Airbnb in them. Self-directed IRAs allow you to invest in real estate, including vacation rentals. Where people can ge...
Matt White
How to Deal with Tenant Turnover - COLLEGE HOUSING
DISCLAIMER: This is not like most or any other tenant situation. My parents bought a house for me to live in and rent to my friends while I was in college. I graduated last year and rented it to some people I know to ...
Joshua B.
Fifth flip, back in Ann Arbor
Investment Info:
Single-family residence fix & flip investment in Ann Arbor.
Purchase price: $225,000
Cash invested: $51,827
Sale price: $289,900
Easiest flip I've ever done and the least pro...