All Forum Posts by: Nicole Heasley Beitenman

 Is it going to let me use the same e-mail address for 2 different people?

I have a potential MTR tenant who wants to stay at the property with an elderly parent. She (the mother) does not have an e-mail address. How do you recommend I conduct the background check and have her sign the lease? I use RentRedi.

Tagging some of the pros I know for help! @Bonnie Low @Allen Duan @Jamie Banks

Stessa and Baselane are what I typically see recommended. I used to use tenantbackgroundsearch.com, but I switched to KeyCheck when I got on Furnished Finder after switching to an MTR model. Now we use RentRedi.

Welcome! My properties and meetup are in Youngstown, OH, so I'm not far from you. I left corporate accounting in the commercial real estate space and now also run my own bookkeeping firm. If I can ever be of assistance, please don't hesitate to reach out!

Stessa and Baselane are what I see recommended most often. For my own portfolio, I use RentRedi for PM/TM and Wave for accounting.

 Stessa and Baseland are what I see recommended most. Personally, I use RendRedi for PM and Wave for bookkeeping.

I used to be a mortgage loan officer with CrossCountry Mortgage. They had a department that solely focused on 203K loans. I'd look for something like that--someone who focuses on 203K and only 203k all day every day. 

I house hacked a SFH for 3 years. It's a great move!

 Furnished Finder has KeyCheck. I manage my MTR with RentRedi.

About time. As a host, I have no reason to want customers to NOT see all my fees upfront. As a guest, I tried booking my first AirBnb 2 years ago. Went to book, and the fees added something like $100 a night to the overall price. I walked away and never touched AirBnb again.

Hey Massiel! I'm an accountant and bookkeeper specializing in RE. 

It really depends on your time and knowledge. If you set up a solid automated system off the bat, you can probably self-manage a good number of properties before needing to outsource help. Some find Excel works for them for their first few properties, but since there's free bookkeeping software out there, I recommend setting up an automated bookkeeping system from the start. If you don't know how to do that, I recommend consulting a professional to help you get your software set up and maybe provide some basic training. And hopefully, once you do scale to that level where you need to bring in a third party, you already have someone you know, like, and trust. 

But what it really comes down to is whether or not you have the time to dedicate to bookkeeping each week. If you find yourself constantly falling weeks or months behind because you're too busy to sit down and manage your books each week, that's the clue it's time to look for help.