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Hello all! I just purchased my first rental property and I’m curious what service everyone’s using to collect rent. I’ve heard Cozy is good but I’m trying to weigh options. Thanks in advance!
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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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Listed our first STR property last month and started using Guesty for Hosts as my management software to consolidate across platforms. Everything was fine when just using Airbnb (though you could argue against needing...
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Hello all,I have recently started a property management business after managing my own rentals for some years. We currently have 22 units to manage and we are hoping to grow that to 75-100 in the next year or two. I a...
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I am looking at a MH in ohio. I am from NYC. Currently 18 units rented, 11 empty, owner offering seller finance 5-6 % with balloon in 5 years.
Not sure how to determine LTV or NOi, cap rate 11 percent.
How do I a...
I have a triplex that is vacant. They are 2bed/1 bath apartments. My question is, should I rent them out by apartment and charge 700 each for a total of 2100. Or should I rent them out by room and get a total of 2400 ...
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What are the best places to advertise a property I own?
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What are preferred ways of electronic rent collection. Bill pay where renter has your account number and routing number or using a electronic service. There is a small fee and a middle man.
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Idea is to two-fold – use current “ Last Sale Date” to scrub list.
1. Clean list before skip trace to remove Sold Properties. (Code violation, Tax, really any list)
2. Remove Sold Properties from "old" marketing ...
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To the most part for the last number of years I have sourced all my own deal flow. 2022 I bought four Properties from a Whole Seller and have the fifth under contract. I have sourced my other Deals this year.
Surpris...