All Forum Posts by: Tom Knodt
Tom Knodt has started 1 posts and replied 19 times.
We are trying out the free version of Stessa, but have been using Google Docs spreadsheet before this. I am considering using an extension called Tiller to feed data into Google Docs. Tiller uses Yodlee to handle encrypted logins, maybe their connection to banking data is more robust than Stessa's free version. Tiller is $79 a year, with a free 30-day trial.
Post: First Home Purchase - STR in the Ozarks

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Nice job, thank you for sharing your experience.
Post: 4x4 student rental in College Station

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Another facet of this was networking. Although the property was on MLS, an investor / realtor told me about it at a REIA meeting in Bryan.
Post: First Investment Properties Making 8 Units

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Great job, David! That is a super deal!
Post: Meet Up Network Event BCS

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Hi Greg, Thanks so much for the great meetup at your project home tonight! It was great to meet you and your wife, and everyone else there, not to mention seeing your house getting ready to spring forth with new vigor, life, and imagination. (Basically, your courage to undertake the project should bring much new value to this home, and I hope that you are greatly blessed for it. My "pep talk words" may be also for my own benefit, to be willing to take on some risk to get a reward). Thanks again for a pleasant educational experience. Tom and Diana
Post: Meet Up Network Event BCS

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Howdy, Greg, I thought that I told you that Diana and I were coming to your meetup, and now I don't see it on your thread. I am on a different computer now, logged in as myself, don't know why it would not show up here.
Post: Networking in Bryan/College Station

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Thanks, Greg, indeed, Diana and I will attend. Should we bring some cookies or anything else?
That looks like a solid deal, for sure! Thanks for sharing, Tristan. Did you get any forecasts on rent rates in this area?
Post: RESS software for finding pre-foreclosures?

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Hi Julian, Yes, I will concur with Annchen that it seemed like the RESS was pointing to 2 or 3 month - past foreclosures. It could be that if you are in a larger market, there will be more happening and a greater likelihood that it could provide you with current information. It would be great to hear of your results on that, because I was given some extended trial periods, and talked to Elite about my experiences; they seemed to act like they had concern, but no results came through.
Post: Who should get the rental late payment fee?

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Hi Justin, That is something that we are thinking about here, as well. Certainly seems like the Property Owner should at least get 1/2 of it. Perhaps it should start at 50-50, and go more percentage to the owner the later it gets. Or vice versa - start at 70-30, the management company getting the 70% for a prompt recovery, and then going up in percentage to the owner as delay increases. I wouldn't want there to be less reasons for the management company to pursue the money, as time goes on.