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Is the best way to figure out expenses for new property deal to ask a property manager instead of using craigslist, rentometer, etc.? Will asking property managers directly about the rents/expenses for a particular pr...
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Property Managers...How do u manage individual properties expenses and income? do u open an individual bank account for each and every property? (And pay the baning fees) or do u manage all of it out of one bank accou...
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My property manager handles the majority of my repairs, etc. Occasionally I will pay some outside bills, etc. Any recommendations for how best to handle that in terms of tracking? Quickbooks for me (property manager...
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Hey folks! New here, just bought a 4 bed 2 bath as my primary residence that I'm currently remodeling into a 5 bed 3 bath before having some tenants moving in with me.Current thoughts:1. Black Friday / Cyber Monday de...
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Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
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BP mastermind,I wanted to share the story of my very first deal. It's not the best deal ever, but I had to start somewhere after 6 months learning the theory (a lot thanks to BiggerPockets's mantra of taking action an...
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Hello Everyone!My name is Luan Ademovski and I'm currently a junior at The University of Iowa studying Marketing. Home for me is Arlington Heights, IL. I have been really passionate about real estate starting last yea...
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As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
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Hello,
I know that most people say SFR are the way to go, but I have some questions on condos in Miami. I see what appear to be nice condos in Miami, on Trulia.com, that are one bedrooms selling for about $100,000. Wh...
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Hello,I have been using Rentec Direct the last few months and am getting used to is, just a general question for PMS if you have personal expenses on a credit card, do you categorize those under "Owner Withdrawals" or...