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Investing in Real Estate with Clayton Morris | Investing for Beginners

863: Q&A: How Do You Organize Your Rental Property Documents? - Episode 863

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 25 July 2022

⏱️ 14 minutes

🧾️ Download transcript

Summary

What is the best way to organize your rental property documents? Especially as you grow your portfolio, it's important to have your files both organized and accessible. On this Q&A episode, we're diving into organization tips for your real estate documents.

This episode also contains listener questions on choosing an insurance company for your rental properties, and how to find a HELOC for an investment. I appreciate your questions, and I hope you find my answers helpful. Please join me for episode 863 of Investing in Real Estate!

Transcript

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0:00.0

Welcome to the Investing in Real Estate Show. I'm Clayton Morris. This is our

0:08.8

Q&A episode where you're able to ask us real estate or passive income or

0:12.4

tax related questions and we try to answer them here

0:15.3

on the show to the best of our ability. You can go to our website at Morris Invest.com and you'll be able to

0:21.9

click on the little microphone icon that'll allow you to record a voicemail message and then we will answer it here on the show.

0:30.0

So our goal with this show is to make you a more intelligent real estate investor.

0:33.4

And I think one of the best ways that we can do that is by listening to other people's questions.

0:38.3

And that's what today is all about.

0:40.2

So we've got three great questions for our audience. Let's take David number one take David away David go ahead

0:46.9

Hello my name's David I have three investment properties and I'm looking to expand. But already my files on my document are not super organized and easy to get through.

1:02.4

So I was wondering if you have like a system for organizing everything on your computer for your taxes and insurance and current leases and in a way that makes it easy for you to find it and other people,

1:16.1

spouses to navigate and find things even from year to year and where to put things and

1:26.0

yeah some kind of good system would be greatly appreciated to help with growth. Thank you. Absolutely well and we will

1:30.5

have a link in the show description for you David for downloadable spreadsheets that

1:35.1

Natalie has put together that we've shared with thousands of people so we will have links for some of those resources in our

1:42.0

right here in the description on the channel also if you go to in our

1:45.0

website at Morris Invest.com.

1:47.0

We've got a great resources page as well for you to check out.

1:50.0

So, but just at a high level,

1:52.0

whatever folder company that you work with you know my wife loves dropbox I can't stand dropbox anymore they used to be great and I think they have really gone

2:02.1

Down hill by adding all of these additional features and things that got away from its original

2:07.3

creation which Dropbox was just a folder in the cloud that was the whole point of Dropbox right when Steve jobs at

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