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Updated over 6 years ago, 04/07/2018

User Stats

761
Posts
429
Votes
Cassidy Burns
Agent
  • Investor
  • Washington, DC
429
Votes |
761
Posts

Overwhelmed with Bookkeeping. How to get organized/Back on Track

Cassidy Burns
Agent
  • Investor
  • Washington, DC
Posted

Good Morning BP,

As Tax Season approaches, and this being my first full year of real estate investing, I realize that the one task that I personally am absolutely am horrible at and hate doing is bookkeeping. I have tired google sheets, quickbooks, writing everything down but I just can't seem to find a good system that works for me and/or that I can easily and systematically implement. I have hired 2 VA's over the past 2-3 months to input data into quickbooks and they haven't panned out either.

Do you have suggestions on a low cost yet effective way to get this off of my plate/have everything in one place?  I know I could have my accountant do this but it is extremely expensive for the 11 properties that I currently have. I do however plan to purchase 20+ units this year but feel as if I should get this system in place before I get in over my head.  

Any online platforms/property management platforms that are efficient for this?

Any suggestions are greatly appreciated. 

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