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I am closing on my 1st rental (Duplex) next week & I am going to self-manage the property. Since I only have these 2 units for now I was thinking of using one of the free websites (Cozy, Tenant cloud, etc...). I ...
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This blog is not so much of the normal type of blog where I give a narrative on a subject. Instead, it is a request for feedback in regards to property management software (PMS)for rental property. Currently, I am usi...
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What is the best computer software to use when keeping up with rental income, expenses, etc???
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Hi, I was wondering what people used to track the income, expenses, late fees, etc for their rental properties. I have 5 units currently and am using a word document I created to track everything, but it is getting q...
A few days ago, I downloaded the "Simple Waterfall Model - Private Equity" spreadsheet in the files vault section, that was created by Bryan Hancock. First wanted to say thanks it s a great spreadsheet.
I wanted to c...
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I am a new investor that just purchased an 11 unit building and I think I have decided on using TenantCloud to manage the property. However, after reading a lot of the reviews on the iOS app store, it seems to get pr...
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I’ve seen QB pros mention tracking flips by either Class or Customer:Job? Is there a consensus as to which is the best way? What are the pros and cons of either method? Thanks for any input!
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Hello BP'ers Just wanted to gain insight on how you run your rental business in regards to finance operations. Do you accept rent payment electronically? Did you open up a separate bank account to track income/expense...
Has anyone used this program for any accounting functions? It appears to be somewhat robust for a free open source application with no fees. You should be able to download install and compare with any other applicatio...
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I've seen several types of calculations used to determine return on a note. One is the cash on cash method, and the other most frequently used is the IRR.
I am familiar with how to calculate both on typical r...