Just purchased 1st duplex. Do I need Quick Books?

[Anthony McKeen]

Hi all,

We recently purchased our first duplex and will be closing shortly.  We were planning on using Quick Books and I just found out that it's a subscription service rather than a one time payment.  All I can think about is how it will eat into our monthly cash flow now.  Any advice out there if this is needed with just 1 property?  Keeping in mind that we do plan to purchase more properties in the future.  Also, if you do use it, which version do you recommend?  Thanks in advance!

Anthony

[Kyle Keller]

@Anthony McKeen

I've never used quick books so I don't know the perks of it. I just use google drive and keep a spreadsheet with a list of all expenses. I only have a couple properties but I also use it to track my overall finances and work expenses. It works really well for me, and I can just duplicate the sheet for the new year.