Can you believe we are already in at the end of the second quarter of 2024? Time is flying by this year! With that being said, we wanted to update everyone on what is going on with BACH. This is the beginning of what we hope will be an exciting monthly update for all the members on what is going on with the houses currently and what may be in the works for the future.
The first installment of property taxes have been paid on all the houses. We are very glad to have that behind us now and moving on. We have been migrating all our BACH houses and information into Quickbooks in an effort to become more streamlined and efficient. This also allows us the ability to email you monthly with a profit and loss statement and balance sheet. Please be patient with us as we are almost certain there will be tweaks to be made along the way. However, this is such an exciting project for BACH and our members.
We have hired another maintenance employee to help with the growing demand of work orders. This should help us keep things on a more timely schedule for future projects. We are also implementing a more systematic way to schedule property inspections more frequently so that we are more aware of our houses and their conditions. This will also allow us to remove
noncompliant tenants before major issues develop.
We will be sending out project updates monthly for houses that are having maintenance repairs or tenant changes in a better effort to keep everyone informed of the workings behind the scenes. We will also be sending out an email monthly with any general updates and information that we would like to pass along to our members. Keep an eye out in your email for these and
let us know what you think and if you are enjoying the updated information.
Happy 4th of July to everyone!
BACH Investment Group
