Outsourced Property Accounting

[Daniel Reyes]

Hello BiggerPockets Family,

Whether you are a smaller (or larger) property management company, a self-managing multifamily developer, or a sponsor/syndicator - Property Accounting can oftentimes become a significant cost and consumer of otherwise revenue-generating time.

My question is, how do you feel and what do you think about outsourcing your property accounting? Would you consider doing this? Why or why not? Are you looking for a bookkeeping service (vendor) or a financial ops expert (advisor)?

Please share your thoughts; I have my own position on this but I’m interested in hearing everyone’s position.

Thank you for engaging with me!

Daniel Reyes