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All Forum Posts by: Emily Wilson

Emily Wilson has started 3 posts and replied 4 times.

Post: Keeping of financial records

Emily WilsonPosted
  • Newport, RI
  • Posts 4
  • Votes 0

I am conducting some research for collecting data in order to better serve my real estate bookkeeping clients. If you can spare a few seconds, I'd love to hear your method for maintaining your financial records for your rental activities (with the aim of being better prepared for tax season). You can be as detailed as you like, but one word answers such as "spreadsheet," "shoebox," or "Buildium" are much appreciated! Thanks in advance - this place is such a wealth of information! 

Post: Who is using stessa.com?

Emily WilsonPosted
  • Newport, RI
  • Posts 4
  • Votes 0

@Heather Pease QuickBooks can separate your transactions by property, but you need the Plus version in order to do so. Which version are you using?

I have been exploring PB lately and noticed that when searching posts the search result will list a date from this year, but when you click the post to read through its thread, the post and replies are all from years ago... am I misunderstanding how the dating displays? I thought perhaps the date listed in the search results is the date of the most recent reply, but when I click and and scroll to the bottom (presumably the most recent post on that thread) that reply is also several years old. I prefer to look at newer content so I know I'm looking at today's information and not information from several years ago. Thanks!

Post: Investing with People’s Capital Group?

Emily WilsonPosted
  • Newport, RI
  • Posts 4
  • Votes 0

I’m not sure how to categorize myself, to say whether I am new at this or not. I’ve been a landlord of two homes that each started out as my residence before being placed into rental service, so I’ve been exposed to RE from this perspective since 2014. However, my desire to be a more intentional and active RE investor makes me new the possibilities.

As such, all my LinkedIn activity led me to a webinar offered by People’s Capital Group, which is a syndicator (please correct me if I’m using terms incorrectly!). I am very intrigued by their offering, which seems like it would be more profitable than a buying and holding a rental property.

I googled the company but couldn’t find much besides their own sponsored/authored content. I’m nervous about investing such a big chunk of money to this mostly unknown entity. Has anyone ever worked with them and is willing to speak about their experience? They have a few google reviews that are all 5 stars, but I’m sure I could find a few friends to go post some sweet reviews for me if asked. Is it possible my entire investment could be lost? I’m not sure how to evaluate the risk.