All Forum Posts by: Danielle Hake

Hi! 

I know Section 8 in Columbus, OH has been notoriously backed up, but I have been waiting nearly a year to hear back from them on a rent increase for a unit I acquired last July. I had accounted for maybe 6 months, but this seems excessive. Has anyone else had the same experience? Any reccs to get things expedited?

Hi all,

I had been using Stessa since I started investing in real estate to manage accounting on my 4 units. I have a property manager that handles payments/tenant screening so I don't need anything too fancy yet, but I liked the dashboard visuals to see where things were at, and to be able to have all of my transactions and my PMs in one place for tax time. When Stessa abruptly put all their useful features behind a paywall in January with no warning, no added features, and still tons of connectivity/syncing issues, I lost trust in them and have been casually searching for a new solution. What are others using and how has your experience been? Some nice to haves would be: double-entry accounting, a solid dashboard with useful performance metrics, bank account linking, and a place to show rents/upcoming lease expirations without being forced to collect it through the platform. I would also like it to be simple to import all my old transactions from excel. I'd like it to be affordable, and I do plan on expanding. What are you using that you'd recommend? Thanks!

Hi! I've been reading around here for years, but after some frustration this week trying to move on a 5-unit property out of state (call me naive), this is my first post. I have been wanting to start investing in out-of-state multifamily since 2019, and am finally ready to get out of my analysis paralysis and just jump in. My current lender who I'm prequalified with in California, cannot originate loans out of state. I have all but given up on getting a commercial loan for a 5 unit property I was sold on in Michigan (I have excellent credit and great reserves, but seems like after infinite phone calls, no one wants to touch an out of state commercial loan under $750k - any advice here?). So I am now thinking I need to be looking for something 4-units and under. Ideally, I would like to get prequaled to be able to look at multiple markets and then really focus on a market after finding my first deal. Any advice on where to find an investor-friendly lender with the best rates/versatility across states? Thanks a million!