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Rent By Room

109 members โ€ข Free

One Rental at a Time

623 members โ€ข $20/m

11 contributions to Rent By Room
PadSplit while waiting for another renter?
Im at 75% occupancy and was just thinking about throwing the room in Padsplit until I get somebody that wants to commit longer term The calculator is showing me more than what I make on my room on my own and -20% that it might be sitting, it is still not a bad deal. I know tenant quality isn't as good and I dont get to vet them and they take a big chunk of the first days. I guess Im just wondering if its worth it meanwhile its not rented? ๐Ÿค” Then again, might just lower asking, offer a free month or both...
PadSplit while waiting for another renter?
Rent by Room Training with Sam Wegert March 9th week.
I saw a text message that Sam Wegert is having another free week long training session for co-living. It is worth going to in my opinion. I have done it twice. March 9th - March 13th at 8pm EST. https://scaleyourrealestate.com/
1 like โ€ข Mar 10
Pretty solid. Like what im hearing, another perspective and more tools, very very cool. Thank you for sharing Mr Jarrod
Introduction
Hi I'm joining the group because I have 1 co-living property converting a 2nd to a 4 or 5 BR and have a 3rd under construction for a 6 BR 3 BA all in SW Florida. Looking to get some good information on best platforms to use. I'm using Padsplit for my 8 BR 4 BA and want to self manage the next 2 using Turbotenant and hoping to use AI to automate and make everything else simple and limit my involvement as much as possilbe.
0 likes โ€ข Mar 9
Hello Mr Paul, down here in Hollywood. Nice to meet you!
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 Nov '25
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 '25
Hollywood Florida! Medium-High col makes this strategy a beauty!
1-10 of 11
Ivan Zuniga
2
7points 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 2d ago
Joined Aug 29, 2025