Quickbooks or something else?

[Marissa Contreras]

Hi friends! What do you use for bookkeeping? I hear good things about quickbooks but I just want to make sure there's nothing better out there for real estate investors. I have multiple homes in multiple states all with different property managers and some I manage myself. A program that lets me link multiple bank accounts and perhaps keep them separate per property or LLC would be great. Just wanna see what's out there. Thanks!

[Jeff Nash]

I am a tax professional so I have always used QuickBooks Online as it’s relatively easy to navigate and you can set up classes for each property, customize the chart of accounts, and link bank accounts.  It has tremendous market share relative to other platforms like Xero and Waves.  

I recently demoed Azibo which is geared specifically for property management and it has what I would like and expect to see in reporting.  It is a newcomer and there is no cost for the accounting feature.  The risk is that is it is a newcomer, and will it be around in the years to come?  

I expect you’ll get helpful feedback from others with a different perspective.