I wanted to get a sense of what metrics you would find valuable in determining the overall health of your rental empire when tracks from a long-term perspective after purchase. I look at:NOIDollar per doorThe average ...
Hello everyone a complete newbie here, and about to close on a property soon. I was wondering if anyone had any advice on keeping track on income, expenses, Net operating expenses, Net operating income. I've seen some...
My partner and I have been investing in short term rentals, for 3 years and, now have 14 properties we operate full time in the Los Angeles market. Through trial and error and putting in the work we have developed sys...
Does it make sense to create a laundry room in a three unit building in Astoria, Queens, NY (Upper Ditmars Area)?I'm considering creating a laundry room in a portion of the garage. The area rents are great and buildi...
How are people holding security deposits in NC? I purchased my first investment property in NC (previously properties were in California). My understanding is that the security deposit needs to be in a trust account w...
I have not posted on this site before but am curious to find out if it really is as powerful as every Podcast seems to suggest. By way of background, I am a CPA in Colorado and earned by Masters in Tax from the Univer...
So I just joined Buildium, spent hours setting everything up, it seems mostly pretty great, except one HUUUUGE issue that is making my head explode...they don't support credit card tracking?!?!? WHAAAT?? This totall...
So I follow the news and listen to the BP podcasts and the signs are clearly flashing danger for MF syndications - high interest rates and short-term debt coming due, constrained bank lending, slowdown in rent increas...
Hello BP,We are currently trying to come up with an accurate, yet cost-effective method of tracking inventory we stock on our trucks. This includes regular items needed in order to repair and maintain rental properti...
We’ve all heard the saying, “It’s better to bet on the jockey than to bet on the horse” because a good jockey can make a bad horse run fast, and bad jockey can make a good horse run slow. The same is true when lookin...