Book Keeping Software

[Matthew Wright]

What is the preferred book keeping software to use for real estate investor? Quicken? Quickbooks?

[Dave Holland]

@Matthew Wright

Here is what I recommend to clients, if you are buy and hold my favorite is Xero which is cloud based.  If you want lower cost you can buy Quickbooks desktop version (online is more expensive), or if you want free you can do it in Excel (I can send you a template I send to clients).  

If you flip you'll want to use Quickbooks, they have more options for tracking by project which is really necessary for flippers.

Dave