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Hey all,Recently, I replied to a post asking folks whether they track their net worth. Personally, I do track my net worth. However, far more important to me are my financial projection models (which include projectio...
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Hello all. Looking for some advice as I did not find an answer to my specific situation. My parents are wanting to transfer their paid-off home into an LLC owned by their 4 adult children, me included. This was a h...
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Hello BP!I have a question about rehabing with contractors. I've read a few success stories and horror stories, both sometimes have contractors run away with the money. I'm guessing that there needs to be a system for...
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A four unit quad-plex, built in early 1900, renovated/updated over the years. Each is 2BR/1BA, about 850sq ft each. Utilities are separately metered, owner pays for water/sewage/trash. Monthly rent per unit is $525. A...
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Throughout my life (grade school, college, business), I've always been a big advocate of taking notes and organizing different sources of information into one place, making it all easier to digest. I like to have refe...
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Hello,I am helping my family property management company get a bit more efficient in how we reply to and manage a few different email streams. We run a handful of STR for vacationers, as well as several urban properti...
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Hello BP multi family members,I am exploring the idea of of a new contracting business focused on the multi family market and want to gauge interest from the people like myself who own multi family property. I have be...
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My PM uses AppFolio and apparently it can not produce standard accounting reports (P&L, T12 and rent roll). Can anyone confirm this or help me coach the PM? I need these reports for the bank and for general anal...
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Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
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Hey Everyone,I'm currently having a hard time switching tenants over to online rent payments. Right now only about 10% of my tenants pay online. I've given everyone instruction sheets on how to pay online, but they ...