Housekeeping and documentation

[Ketan Parekh]

Good Day Team, 

I must say I have learn't a lot from this forum and the valuable information provided on this platform. I started investing in rental properties 2 yrs ago with my 1st one and currently am sitting on 10. I am learning as I buy each one. 

With growing number of properties and the LLC's - I am feeling the burden of paperwork and lot of Housekeeping.

For the properties I use Stessa - great to manage all your properties under 1 umbrella. 

As for LLCs - there is no such SW or platform available or atleast I know of. Currently with 2 properties under 1 LLC I have 5 of them and as I grow the number of LLCs there is a lot of paperwork trail required.

eg : Annual registration, if you have a registered agent need to renew that. Income / expenses for each LLCs ( Possibly quick books ? ) and possible more things I am unaware off yet.

As for properties - keeping a track of each one with a checklist : closing documents, title insurance etc. 

May be its just me but its getting too overwhelming and I feel this documentation is taking more of my time than looking for more properties for investments. Is this a part of the growing pain ? or is this just me ? May be I am not doing something right ? 

I would love to hear how are people able to manage all this and stream line all of this ?. 

Thankyou for your time. 

Thanks

Ketan