All Forum Posts by: Raj Valluri
Raj Valluri has started 0 posts and replied 3 times.
Post: Hardest part finding a renter to live with you
- Investor / Bookkeeper for Real Estate Investors
- Posts 3
- Votes 2
Quote from @Erwin McClain:
As a landlord who house hacks, I understand your plight. I assign the chores but just clean up myself simply because its my property & have come to the conclusion that they won't take care of it like I will. Just to avoid the headache, I raise the rent every year, lol. You can write it into your future lease and assess fines as needed. I.J.S.
Awesome, suggestion.
Post: Manage receipts for multiple properties
- Investor / Bookkeeper for Real Estate Investors
- Posts 3
- Votes 2
Minna,
It depends on how may properties you have. If you have more than 1 properties, I would highly recommend to establish a system by using a software such as QuickBooks to save a lot of time and headache in the future. Some times you need to save details or a story behind some receipt to understand how your money was spend exactly. And as other mentioned above, please reconcile your receipts consistently every month so you do not need to play a guessing game. Good luck.
Post: What Inspired you to start investing?
- Investor / Bookkeeper for Real Estate Investors
- Posts 3
- Votes 2
HI Alexis,
I totally agree with Daniel Tanasa. Real Estate is a gigantic field fully packed with a lot of potential and opportunities to make our dreams come true. I wish you all the best in your journey.