Bookkeeper / Real Estate Investor: Vet your Hires

[Max Emory]

You hate to see it.

A reminder that whoever is involved with the financial side of your business should have intimate experience in and/or with your industry.
Real Estate Investing is a unique beast when it comes to the books.

---A real estate investor may have LTRs, STRs, commercial spaces, flips, and wholesales all under one business (not recommended).

---Constantly adding new flips and rentals to the books and disposing of flips and rentals that were just sold using different methods. 

---Accounting for flip repairs differently than rental repairs/CapEx.

---Making sure transactions are property-specific and entity-specific appropriately.

---The list goes on and on and on

All I'm saying is vet the people you're trusting with a super important side of your business. I hope this helps!

I hope this helps!

__________________________

 Real Estate Investor | USMC Veteran