All Forum Posts by: Craig H.

Deanna,

I have spoken to their reps and an investor that has sort of been a mentor to me uses Appfolio and raves about it.  I went through some training with an account rep and it is definitely the software I am going to use as I hopefully grow a portfolio.  Appfolio is easy to use, set up, and the fact they have someone there for you if you need assistance with something is awesome. 

Need an insurance recommendation for a 5 unit building that will be owner occupied.  Who do you recommend?

Coleman thanks for that post it was very informative.  Option 2 is what I will most likely be discussing with him.  That route is kind of already where I was leaning towards. 

Hey BP!  I recently purchased my first house, a 5 plex in Cincinnati, and I guess one of my college friends father's has taken interest into what I am trying to build.  He is about to retire and wants to invest in real estate without being a landlord.  What are some of your thoughts on ways to structure the deal (we hopefully make one day) that is mutually beneficial for us.  Being this my first time I have been approached by a potential investor what is the best way to handle situations like these moving forward.  Thanks for your input!

Depends what area of OTR you're looking in.  Some parts are awesome now and the place to be for restaurants and nightlife.  There are still very rough areas as well.  East Walnut Hills is up and coming area now like OTR was a few years ago.  What kind of area are you trying to invest in?  An area that's already established or one that is on the rise? 

Hey BP does anyone own multifamily properties in Mt. Washington?

I was wondering the same thing after reading more.  They need an app ASAP!

Max I looked up cozy.  That looks great to use for my first property.  Is there a holding period for rental payments or does it go into your account same day?

Just purchased my first 5-plex in Cincinnati.  What is the best but most economical online payment service for tenants? Appfolio looks great and is what I will use one day.  Just don't think it makes sense to use for my first building. Thanks for your input BP community! 

If it is an owner occupied property, instead of have these service take a piece every month, I will most likely just have the tenants pay by check.  Thoughts?