NOTES Tab in Tenant Tracking

Posted on By wizard

The “NOTES” Tab in Tenant Tracking is used for “OFFICE ONLY” notes for your Tenant. These notes are items you do NOT want to share with Tenant

You can find your for office use only NOTES on the Tab as shown below an example:  neighbor reports your tenant’s grandson is selling drugs

If you want to enter notes you can share with your tenant, simply open your tenant’s register and enter ITEM.. “NOTE” and in the description field, enter your note.   example, “Tenant left voice mail stating they will pay their rent on friday”

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TENANT TRACKING, Existing Tenants

How To HUD Settlement Statements and Refi’s Question

Posted on By Mike Butler

QUESTION from Becky:
Hi Mike,

I just joined as an annual member today and have a few questions. I’m trying to get through as many videos as possible as quickly as possible in order to get the books done for a client of mine who has 25 LLCs, each with multiple rental properties and properties he has bought and sold. Unfortunately I don’t have time to watch the full series as I am in a major crunch at the moment.

I’m specifically looking for videos that will explain how to enter a HUD from a purchase when there is a loan involved and a line item referring to “improvement escrow account” as well as “down payment reserve account”

Also, what I am seeing him do on a regular basis, is take out a loan with the line items mentioned above, and then refinance a few months later. So i am looking for the refinance side of that as well.

Could you point me in the right direction on where to find this information?

Thanks!

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