Investors who do their own Bookkeeping & Accounting

[Nelisa Lee]

I'm new to the Bigger Pockets online community although listening to one Bigger Pockets podcast episode is what kicked off my original investing journey many years ago! I've been a full-time real estate investor since 2019 and have flipped hundreds of houses and currently own a 50+ SFH rental portfolio (including short-term & long-term rentals).

I'm also a CPA and love the accounting aspects of real estate, probably more than the real estate investing itself! We've managed to keep all of our accounting and bookkeeping in-house so I'd love to connect with more investors and to especially hear from those investors who are doing their own bookkeeping and accounting and any of your current struggles. Happy to try and help with any questions or find solutions to make things simpler :) 

[Nelisa Lee]

Quote from @Lindsay Tucker:

I do my own book-keeping, although I honestly hate that part! It's just another thing to store in my brain and remember to do. I've used Quickbooks and it was just OK. Are there any other investor-friendly applications out there that are better than quickbooks? 

I've used Quickbooks since the beginning. I've done some trials of other softwares like Stessa, RESimpli and Rent Manager but came back to Quickbooks each time. It's truly an accounting software whereas it seems a lot of the other available softwares out there aren't designed that way.