Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago,

User Stats

130
Posts
137
Votes
Satyam Mistry
  • Investor
  • Omaha, NE
137
Votes |
130
Posts

Accounting for SFR Portfolio

Satyam Mistry
  • Investor
  • Omaha, NE
Posted

Hello, I currently use a combination of Cozy and bank statements for accounting for 13 units (mostly SFR) I currently have, but am looking for suggestions on what may be best moving forward with a growing portfolio.

I like how easy Cozy is to use and you can use someone without accounting experience to add in appropriate expenses for each property each month. I also like how specific it can be for each property to see how it is performing. However I feel this may not be the most time efficient way as you must manually enter everything in and I am left with some expenses that are general expenses for my LLC and not tied to a particular property.

I know Quick Books is widely used, but feel this requires more of an accounting background to be able to successfully operate and is not something I am interested in doing myself. 

What do you recommend?

- Outsourcing to an accountant to do everything through Quickbooks?

- Continue using Cozy along with Google Sheets for the remaining expenses that are not tied directly to a property?

- Any other software or accounting process suggestions?

Loading replies...