Software Suggestions for Note Investing Business? Accounting Suggestions for Same?

[Michael D Kaminski]

Greetings! I am a beginner note investor. To jump in, I bought a portfolio of 10 notes. There are two different servicers involved. In a few months, I want to get into buying NPN/NPLs, such as those in bankruptcy. I will not be starting a fun. But I could sell partials in the future.

Is there software that people use to manage their portfolios?  I have looked at NoteRules.com.  I heard podcasts where people uses customized versions of Podio or SalesForce?  I am a bit surprised that there are not more options?  Does anyone have any recommendation?  

Also, bookkeeping needs to be set up.  Are there any recommendations that people have on how too get organized?  I will use a lower-cost QBO alternative, like Xero.  But is there a Chart of Accounts that anyone could share?  Or is there a bookkeeping agency that has a note investing specialty?  

Thank you!  Mike

[Chris Seveney]

Quote from @Michael D Kaminski:

Greetings! I am a beginner note investor. To jump in, I bought a portfolio of 10 notes. There are two different servicers involved. In a few months, I want to get into buying NPN/NPLs, such as those in bankruptcy. I will not be starting a fun. But I could sell partials in the future.

Is there software that people use to manage their portfolios?  I have looked at NoteRules.com.  I heard podcasts where people uses customized versions of Podio or SalesForce?  I am a bit surprised that there are not more options?  Does anyone have any recommendation?  

Also, bookkeeping needs to be set up.  Are there any recommendations that people have on how too get organized?  I will use a lower-cost QBO alternative, like Xero.  But is there a Chart of Accounts that anyone could share?  Or is there a bookkeeping agency that has a note investing specialty?  

Thank you!  Mike

 There is a bookkepper out of TX many use who I can refer you too. She uses quickbooks.

Regarding software, I know people who use pipedrive, podio or clickup. 

The software for this is typically enterprise as there are not a lot of note investors and thus not a huge demand for software especially when using a servicer. Its really just management of the loans.