Getting Organized - Folder Structure Suggestions?

[PJ Kolnik]

Hi Bigger Pockets, I've just purchased my first 3 unit property in December and I am reading through The Book on Managing Rental Properties by @BrandonTurner. I'm realizing my need to be as organized as possible up front when it comes to all the paperwork associated with the property.

Does anyone have any good systems of organization such as their digital folder structure, your method for organizing your files, or just overall tips for organization?

I appreciate all advice you can provide for great systems and organizational lessons learned.

[Daniel Hyman]

@PJ Kolnik

Congrats on the purchase!

You might want a folder called "Tax and Accounting" in which you keep subfolders with the following titles:

• Bank Statements
• PM Statements
• Mortgage Statements
• Closing Documents
• Check Images
• Invoices
• Receipts
• Financial Statements 

Aside from being able to pull a document easily, your CPA will thank you for being so organized.