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Updated almost 7 years ago, 03/25/2018

User Stats

427
Posts
297
Votes
Eric F.
  • Real Estate Investor
  • Raleigh, NC
297
Votes |
427
Posts

Landlordaccounting.com thoughts? Alternatives?

Eric F.
  • Real Estate Investor
  • Raleigh, NC
Posted

My company has some holds, some flips, and hopefully I am about to start selling more with owner financing and/or lease options. I also do wholesales.

Before this year, I did not do a ton of activity so taxes and bookkeeping were easy, but the this year I have really picked up and I am getting smoked in Bookkeeping. I would like a comprehensive system or great guideline to setting up my own and I do not have a problem paying for it. Hell, I would even hire someone to come to my office and do it for me if there was a person in Raleigh who could!

landlordaccounting.com looks pretty awesome, but I am curious how it would implement flips, owner financing, lease options, etc. It is only 99 dollars so it is not some crazy investment I need to overthink. I almost bought it on impulse but I figured some feedback here would not hurt. I searched but the threads I saw were only focused on the landlord aspect. Honestly, even if it is nothing more than a good base to start with, and I can add my own methods for flips etc, that is fine. 

(yes I am a former CPA (still certified) who slacks on his own bookkeeping...cobbler's son wears no shoes etc.)

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