All Forum Posts by: Luis White

Thanks Caleb,

Do you know if you are able to post journal entries with these two softwares? 

Just got my first property, and looking to use a free accounting software to record expenses and depreciation on assets. Not sure if anyone has a good tip but I cannot seem to find the right software. It seems like everything is so focused on payroll, when I really just need a simple revenue/expense journal entry feature. Any recommendations? Open to using Excel but prefer a cloud accounting system.

Thanks in Advance,

Luis

Thanks a lot!! means a lot Ned

Im currently 16 years old and since I was 12 I grew a really big interest in real estate. My plan is to try and find a really good deal on a house, that I can put a couple thousand into fixing up and then listing it for rent or sale. That way if the flip happens it happens but I'm more interested in renting. I do not have to much money but luckily my parents have seen my ambition and curiosity in this type of investing and my dad has agreed to help me (he also has some interest). Currently we do not have our house paid off, about 2/3 so getting another mortgage will be risky. Right now we are financially able to take the risk. Really what I'm looking for is someone who can offer me some good advice on my plan. My plan might be terrible and someone might want to lead me in the right direction. A lot of people are going to take me as a joke for my age but if someone could just please give me a chance, I can guarantee your advice will not go to waste! Thanks a lot!!!