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All Forum Posts by: Ali L.

Ali L. has started 12 posts and replied 117 times.

Post: Advice needed on a Multi-family in NYC

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30

@Kyle Vogeler DOB/HPD are not intended to help landlord. Follow their rules, keep them out of your property and business 😆

Post: EXPEDITING COMPANY NYC – NYC DOB Permits, Violations, & Construction Sign-Offs

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30

@Michael Genari What's your email?

Post: Detroit property management

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30

Great mans-plaining, gents. Anybody can recommend a good property management company in Metro Detroit?

Post: Detroit property management

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30
Quote from @Kiki Helland:

Class A-D results shouldn't matter in the level of oversight of property (even before tenant placement) and quality of repair work. I suppose the picture is painted rosier at the beginning..But maybe that's the expectation in the Detroit market.  


 Completely agree with this. Management shouldn't differ based on class of property. 

Post: Detroit property management

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30

@Kiki Helland Detroit has been the most difficult city to find competent management.

Post: Who is excited for BPCON2024!

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30
Quote from @Lawrence Briggs:
Quote from @Ali L.:
Quote from @Elionay Imbert:

Who else is excited for BPCON2024 in Cancun? Its my 2nd year and I am thrilled! What year is it for you?

Hoping year #1. Waiting on registration details to be posted!!

Ali, I hope you are able to attend this year! Registration is open, if you haven't seen it yet. See you there! 


Good looking @Lawrence Briggs

Post: Who is excited for BPCON2024!

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30
Quote from @Elionay Imbert:

Who else is excited for BPCON2024 in Cancun? Its my 2nd year and I am thrilled! What year is it for you?

Hoping year #1. Waiting on registration details to be posted!!

Post: QuickBooks or other software

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30
Quote from @Mark S.:

@Dan Goeckel I’ve used a number of platforms for income and expense tracking, balance sheets, etc by property. Found REIHub to be the most complete along with being intuitive. When tax time rolls around you can simply give your accountant access to your account and s/he can pull all the reports and info needed directly without you having to send anything.

Do you also use Turbo Tenant ? I think they have an integration with REI. Should be helpful  have that streamlining  between prop mgt and accounting 

Post: QuickBooks or other software

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30
Quote from @Dan Goeckel:
Quote from @Ali L.:

@Dan Goeckel Try Xero and Zoho Books

Thanks Ali. Have you used Xero? 


Yes, you can use Class to segregate properties 

Post: Evernest Property Management

Ali L.Posted
  • Investor
  • Brooklyn, NY
  • Posts 118
  • Votes 30

@Angel Mora We just had a terrible experience with them in Detroit. They cancelled our contract for "being out of process in the processing of your future S8 tenant's paperwork". Mind you, we fully disclosed we had a preselected tenant and expected them to take over the process before we signed on. They require 48-72 hours notice to schedule anything onsite so we've been waiting 2 weeks now for a Section 8 initial inspection date to be scheduled by them. So we don't even have an approved inspection much less a lease with this potential tenant. Baffling what "paperwork" they think they need to be on. The utility company missed an appointment and no communication from them or action to even reschedule. They are intent on collecting money before there is any property cash flow and less interested in doing the job they are hired for. You're better off self managing or going with a local company with boots on the ground.

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