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Updated about 8 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Rich Davis
  • Glenolden, PA
2
Votes |
16
Posts

Income Expense Spreadsheet

Rich Davis
  • Glenolden, PA
Posted

Just brought my first duplex on Tuesday. I moved in and received my first months rent. What is a good spreadsheet to use to track income and expenses?

Most Popular Reply

Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
1,038
Votes |
1,252
Posts
Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
Replied

It is understandable that people would think one doesn't need a robust software program when we first start out in this Industry.  But, why not start now, when you're new and fresh, and with only one house or two; to start learning how to use QuickBooks or any other robust software program?   

Why wait until you are so busy and overwhelmed with data, and find out you need the information now when you could have had it all done for you as you went along the way.  

Why put yourself in such a situation, filled with lots of stress of having to learn how to use a professional software program, when you don't have the time to learn it because you have now grown in your investments?  

Why?

Nancy Neville

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