I have been using Excel to track my rentals for years, but feel I am outgrowing it.  My 2019 workbook has 18 sheets!  I have tried Cozy and TenantCloud's free online platforms last January and was not impressed with t...

I would like specific examples of the best financial accountability statements/tools (i.e. income statement, P&L Statement) to help me account for all revenue, expenses, per unit per month in order to determine my...

Hello! I've put together a portfolio KPI calculator for our properties and am now realizing that I'm unclear on the best definition of "return" to use in calculations for things like Return on Equity (ROE) and Return ...

All feed back is greatly appreciated. I am an independent real estate broker and I have a client that asked me to manage their one SFR. I usually will pass this along, as I currently do not PM. Although, I have been w...

As you know, real estate is at a 30 year low right now in many markets. Recently all over Wall Street Journal, New York Times, and countless other publications there have been stories about big Wall Street companies ...

Hey guys how do you keep your capex/vacancy/repair/reserve accounts? Do you guys create a different account for each property to keep track of it better? Do you keep different accounts for capex and a different one fo...

Hello! I'm still very new to this whole REI thing, so I'd like someone to re-check my numbers?
https://www.zillow.com/homedetails/5410-Albemarle-Rd-Charlotte-NC-28212/6227106_zpid/
Here's the thing: I'm off to colle...

When I’ve found a good price for a 3-4 unit. Where do I start gathering all the costs? What if there are tenants already living there? I’m not too sure as to where to start with assessing costs yet.

Hello BP,I recently spoke to my mortgage broker as I am in the process of acquiring a residential property. I am working with an A lender at a conventional institution and he has no problem financing houses for me as ...

I need help in setting up an LLC for my real estate business. I do not want to own another home under my personal name but wants to use an LLC to own it. I am basing Dallas Fort Worth Texas. Any recommendation will be...