New Rental Property Accounting Software
REI Hub is a double entry accounting system built from the ground up for rental property portfolios and real estate investments. If you are tired of manually updating your spreadsheets, or wishing your software handled mortgage payments the right way, we can help. If you are ready to make the leap from spreadsheets to automated software, or if you've ever been frustrated at QuickBooks' limitations or arduous set-up, REI Hub may be a great fit for you!
Similar to standard small business accounting software, we connect to your business bank account, receive a read-only transaction feed, and present these transactions to you for categorization. Unlike traditional accounting software, our entire product is set up and geared exclusively for real estate. This has several substantial benefits for you, including:
- Simplified set-up. With REI Hub, there is no need to customize your accounting software for real estate or update your chart of accounts- we've already done all that!
- Ease of use. We designed the system for real estate investors, not bookkeepers. We have minimized accounting jargon, elevated relevant real estate metrics, and by default report on the portfolio, property, and unit level.
- Accuracy. Mortgage transactions can be automatically split and properly categorized into the right accounts on a monthly basis, instead of as a year end adjustment.
- Organization. Upload and store key documents like closing statements and leases by property. Add and edit notes by units and property. Snap a photo of a receipt and tag it to an expense.
- Time savings. You stand to save a lot of time on your books when your software is simple to set up, easy to use, organized and accurate from the beginning!
We are conducting a free beta for the Bigger Pockets community now through March 31st, 2020. Visit REI Hub to learn more or sign up!