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Updated 9 months ago on . Most recent reply

Closed on a small apartment deal! 16 units
Hello,
I just closed on 16 units (creative financing) taking my total to 19 units and I am having a freaking blast it's a rush hunting the deal working another 8 unit now. How ever I do have a problem units are in a small college town and property manager is great but doesn't document the units as well I would like. I have looked at many of the website like buildium and appfolio I don't know if I really need that much detail maybe just a nice excel document. Any suggestions or incite on how you track your rentals would be appreciated!
Thanks for the help
Justin
Most Popular Reply

Jonathan Pflueger I got seller financing 20 years 5% fixed rate 4% down and I collect rents for 6 months before making first payment. The seller was trying to pay a large amount of taxes and had had not really stayed on top of his manager so I asked for the free six weeks to bring it up to full swing. Only 16 days in have all but two units filled facebook market place is so powerful in a small town!