How much should bookkeepers cost?

[Abdul Lateef]

Currently looking to outsource bookkeeping/accounting tasks to a bookkeeper. I am realizing a difference between costs of services.

How much should it cost me to outsource to a company (not a freelancer) if i have a couple if properties. And how many hours does it reasonably take for a bookkeeper to oversee a renter property per month if I already have a property manager?

[Todd Lennig]

@Abdul Lateef. depends what you are looking for.  if you only want your transaction categorized, you can go on up-works and have it taken care of for 20 bucks a month.  If you are hiring for experience and guidance it will cost more.  Bookkeeping is no different than hiring a plumber or roofer.  You get what you pay for and sometimes you are paying more for experience and guidance than the actual time it takes to do the job.  

I don't price out hourly.  I price out based on a number of factors and my experience, knowledge and working with multiple other investors come into play.  Am I the cheapest? Nope.  Am I the most expensive?  Nope.  Do I bring value to the table beyond the work that I am doing for you?  Heck yeah. 

Hope that helps.