Best Practices & Staying Organized
Hello all,
Introducing myself,
Currently just purchased my first home as a 'house hack'.
A 3/3 townhouse in a suburban neighborhood of Orlando. The main unit is a 2/2 which I will be living out of, and there is a lofted detached 1/1 garage apartment which I just put under lease this weekend for $1,100 monthly!
Additionally I also just inherited a 3/2 townhouse in a developing part of town, (not as nice), which I will be rehabbing the next couple months before renting out.
Excited to start this journey.... but an issue I have had all my life is staying organized.
Just curious as to how the more seasoned pros stay organized in regards to managing/owning their rental properties.
Would love to stay as paperless as possible, and maximize as much as I can in regards to deductions/tax breaks.
What do you all do w/ your properties? Or what would you do in my situation. Any advice is helpful!
(ive attached a couple pics of the garage apartment for your viewing pleasure :))