Essential Mobile Home Park Software [Capital Cashflow #22]

07/16/20 • 12 min

In this episode, Abraham goes over the 8 pieces of software he uses to manage 500 units & 5 managers, they are:
1. Rentmanager (Property Management) Cost: $75 to $150+
2. Zego (Rent Collection) Cost: Included with Rentmanager
3. Rental Research (Background Checks) Cost: $22.50 +
4. Nextiva (VOIP Phones, Call Recording, Faxing) Cost: $20 to $50+
5. Asana (Task Management, To-Do Lists) Cost: Free (paid version available)
6. Evernote (Note taking & Reminders) Cost: Free (paid version available)
7. Craigslist & Facebook Marketplace (posting ads & Facebook page for the park) Cost: Free
8. Google Products (Voice, Sheets, Gmail, Calendar, Park Search Listing, Google Drive) Cost: Free
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facebook.com/capitalcashflow
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Previous Episode

Buying Parks Long Distance with Ekaterina Stepanova [Capital Cashflow #20]

Please leave us an iTunes review, thank you! https://podcasts.apple.com/us/podcast/capital-cashflow/id1500861435
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Abraham talks with Ekaterina Stepanova. Ekaterina was born and raised in Moscow, Russia and has immigrated to United States 13 years ago and has lived in New York since.

Today she is a partner at M2K Partners who own together 2 mobile home communities: 38 space park in Pensacola area in Florida, 80 space park in Jackson, Michigan and Limited Partner in 63 Space Park in Tucson, AZ. www.mhpteam.com.

Ekaterina is a co-founder of Equity Tree, software platform dedicated to helping commercial real estate investors manage their deals and Investor relations for an affordable price and with educational support throughout the entire investment process. www.equitytree.io

She is also a host of bi-weekly VIRTUAL meet up for Mobile Home Park investors called MHP Tribe and hosts weekly “MHP week kick off” calls for new mobile home park investors. https://www.facebook.com/groups/mhptribe
Big takeaway: Keep learning, don't be afraid to ask for help!

Please visit our website CapitalCashflow.com to be notified of future investment opportunities & when new podcasts launch, also visit us on social media at:
facebook.com/capitalcashflow
instagram.com/capitalcashflow
twitter.com/capitalcashflow

Next Episode

Step by Step Guide to Finding & Screening Tenants [Capital Cashflow #23]

In this episode, we go over each step to finding, screening, & placing tenants, CRUCIAL for the long term success of your rental property!
If you'd like a copy of our rental application & exact tenant criteria, leave us a review on iTunes & send a screenshot to [email protected] , it really helps the show!
Show notes:
9, 3, 1 formula: 9 calls gets you 3 showings gets you 1 resident
Establish your rental criteria (e.g. must earn 3 times monthly rent, no prior evictions).
Check that you're charging market rent, don't short change yourself!
Questions to ask previous & current landlord: