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Landlord Legends

71 members โ€ข Free

Rent By Room

68 members โ€ข Free

One Rental at a Time

509 members โ€ข $20/m

8 contributions to Rent By Room
Bookkeeping
I tried for 2 years now to work with bookkeepers. After 4 keepers I decided to do it myself in April of this year. I am glad I did. I know my numbers well and have learned a lot. I am going to consolidate my credit cards to make my life easier starting Jan 1st 2026. On the flip side back in May of '25 I started separate bank accounts for each property. It is a little bit of overhead at first, but now the bookkeeping is so much more organized and efficient. No more hunting through memo's or staring at statements to see what came from where. Everything is organized the minute it is funded or deposited. For me it is the best way to go! I also paid for the next tier up with Quickbooks Online for a few features like adding classes. I created a class for each property. I also can break out my Padsplit properties separately so I can see just how they are doing on their own.
Bookkeeping
1 like โ€ข 23d
This is the way. You still have a CPA/ Tax guy file them though right? You don't use intuits TurboTax? I have considered going to QuickBooks before, I like the UI
What Market are you In?
Howdy all, I would like to know what market you invest in. I am assuming you are doing rent by room since you are in this group, but if your not, mention that also. Maybe you are just interested in it. I like it for the cash flow, but also the stories of the peoples lives that change because if it.
What Market are you In?
1 like โ€ข Oct 28
Hollywood Florida! Medium-High col makes this strategy a beauty!
Working back up the ladder
I had popped down to 75% vacancy recently, but back up to 83% and climbing. I market via FB and TurboTenant. If you guys have any feedback on my ad I would appreciate any pointers you have. Marketing is my weak point! :) LOL https://rental.turbotenant.com/p/334-horseshoe-ave-gilbert-az/2114062
1 like โ€ข Oct 27
@Josh Karsen I believe those are his pictures, his photographer is just that good lol
1 like โ€ข Oct 27
I personally like to put all that's included higher up the listing (utilities, etc, etc, parking, laundry) and the nearby places under that, but that's just me Also, have you considered adding that a cleaning lady comes every 2 weeks to your ad? I think it's a big plus
A few vacancies
The 24 Padsplit units are performing well, but a few move outs all at once. Bummer. The solo project "non Padsplit" is slow going but worth it in my opinion since they are 1 year leases. 3 of 8 signed and filled. 5 more to go.
A few vacancies
1 like โ€ข Oct 22
I noticed this quarter being slow too... When I listed mine May-August had people dming me left and right. Right now, crickets... Might only have 1 turnover in December so still a little to go. But when they come, they come all at once lol
Indoor motion light switches
Recommendations on motion light switches? Thinking of just getting the home depot ones but wanted to know if there's any IOT ones that could be better later down the road when scaling? Or maybe not worth it? Trying to solve the tenants leaving lights on sometimes issue. Will also be getting timer switches for the exhaust fans
1-8 of 8
Ivan Zuniga
2
8points to level up
@ivan-zuniga-8367
Hello, I am from South Florida. I am very happy to be a part of the skool community!

Active 5d ago
Joined Aug 29, 2025