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Updated about 14 years ago on . Most recent reply

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Posted

I am looking at Quicken Rental Property Manager 2.0 and Quick Books software.

Any recommendations on using either of these software products or something else?

I will be tracking about 20 properties but I would like to be able to expand it when I acquire more properties.

Thanks!

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if all 20 props are under one ownership and you have one user then great!

QB is a real huge pain in the buttocks when it comes to consolitaded financial statements more than one user and such...you also need to be darn sure that your A/R or customer ledgers are set up properly for each tenant and that rents are being applied to the apprioriate customer and such....and please make sure you are using QB to its capabilities, don't just use it by plugging in Journal Entries...you need to really minnimize the back office work if you really plan on expansion.

If you have the duckets to spend on a high quality software I would most def reccomend Yardi.

you can PM or IM me if you need more detail.

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