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All Forum Posts by: Trent Honea

Trent Honea has started 2 posts and replied 43 times.

Post: Investment opportunity, negotiable ROI

Trent HoneaPosted
  • Investor
  • Weatherford, TX
  • Posts 43
  • Votes 40

Hi Misty!

Beware of gurus who charge for their "sure fire" system training. Part of calculating ROI is the demonstrable benefit or profit. If the training is so good, how well is the trainer doing using the system? It could be legit but I have yet to see a guru who charges so much that really provides a good value.

Trent

Also from Parker County

Post: Tenant Cloud

Trent HoneaPosted
  • Investor
  • Weatherford, TX
  • Posts 43
  • Votes 40

After much investigation in available software I ended up using EasyRent.com.  I did not need management software so much as a portal for easy online payments from my tenants.  I like the low fees for bank draft but the %3 for credit card is kinda steep for rent payments.  I had one tenant use it to keep from being late, but complained about the fees.  It's an OK site with decent support, but definitely not a one-stop-shop for all your landlord needs.

Post: Tenant Cloud

Trent HoneaPosted
  • Investor
  • Weatherford, TX
  • Posts 43
  • Votes 40

I have also been looking into TenantCloud but I have not seen any real reviews.  I'd love to hear from any fellow BiggerPockets users who use the service.  It's interesting, but sounds too good to be true - free for owners/landlords, free for tenants, free online rent payment, everything is free.  So how do they make a profit to keep their doors open?

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