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Updated about 5 years ago on . Most recent reply

User Stats

47
Posts
20
Votes
Brandon Coutts
  • Rental Property Investor
  • Manchester, NH
20
Votes |
47
Posts

Management bookkeeping softwares

Brandon Coutts
  • Rental Property Investor
  • Manchester, NH
Posted

Hey guys,

I need some advice and recommendations on what everyone uses for bookkeeping and managing their properties. I would really like to be more organized and have everything in one place. Ive been winging it too long and really need to start treating my real estate like a true business. 

I currently only have 9 units, and my one biggest concern is for when i try to get future financing my records are all over the place. Right now i track expenses and log receipts in a free app called tenant cloud and for income i just have a seperate checking account. ( which i finally just opened only months ago.)

thanks you in advance, would really like to get to the next level in my investing, but this is holding me back for sure. 

Most Popular Reply

User Stats

2,070
Posts
1,602
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Daniel Hyman
  • CPA
  • Milwaukee, WI
1,602
Votes |
2,070
Posts
Daniel Hyman
  • CPA
  • Milwaukee, WI
Replied

@Brandon Coutts

Check into an accounting software like Quickbooks Online. It will give you the ability to import your banking transactions, classify them according to property, reconcile your statements, and generate nifty reports. 

With your portfolio size, its probably a good move.

  • Daniel Hyman
business profile image
My Online Accountant
5.0 stars
70 Reviews

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