Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
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 3 months ago on . Most recent reply

User Stats

7
Posts
4
Votes
Keetaek Hong
4
Votes |
7
Posts

Quickbooks .. or NOT for STR

Keetaek Hong
Posted

Quickbooks Online Pro recently bumped the price to $99/month. 

My wife and I only have <5 properties we are self managing. The old adage would say to use Spreadsheet. However, we found receipt management (downloading emails and pictures and saving them to Google Drive) to be so cumbersome and decided to join QBO train. We thought snapping receipt + sending invoice email directly to QBO was super attractive.

However, we are finding QBO to be also cumbersome and pricey

1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 

2) Pricey - $99/month is now really adding up.

WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR). But this is now costing me more time than good old spreadsheet other than receipt management. Any advice? 

Most Popular Reply

User Stats

7,656
Posts
9,540
Votes
Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
9,540
Votes |
7,656
Posts
Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

Try quicken, quickbooks little brother. It’s $50 year and overkill for less than 20 properties. 

Loading replies...