For clients interested in tapping into this, now is an ideal time to explore DSCR loans.

It is bad for the client and bad for their investors (in the debt fund).

@Andy Rousch what I use (And pay for my clients to use) is Quickbooks for business accounts and Monarch Money for personal spending accounts. 

@Maurizio Pisciotta a good PMC can handle rehabs or intro you to contractors that can.We handle everything for our clients in Metro Detroit:)

I only use it for my client do get the credit card feeds but here and there an account or two is completely out of sync and I didn't realize it until my client's assistant was questioning the other credit cards.

In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.

Examples of qualified improvement property include improvements made to the interior of nonresidential real property, such as HVAC systems or alarm and security systems.We refrain from making direct recommendations on Section 179 because we believe this decision is best made by the CPA, who completely understands the client’s overall tax situation.The decision to elect Section 179 is deeply tied to broader tax implications, including other deductions, income limitations, and future business planning.Your CPA has a holistic view of your finances and can help you make the right choice.TLDR:* Section 179 is a powerful tool for business owners and real estate investors, allowing immediate expensing of qualifying assets in the year they are placed in service.* Annual limits apply to how much can be expensed, with the 2024 cap set at $1,220,000, and investment limits that start to phase out when more than $3,050,000 of property is placed in service.* Not all property qualifies for Section 179.

It will be manual but will get the job done for 1 property.Now, for a PM software, we usually recommend Buildium if you're under 50 units and Appfolio if you're over 50 units.We exclusively use QuickBooks Online for all of our REI bookkeeping clients but that's for their master accounting software.

I had a client who found a fantastic piece of land this way; he started chatting with someone at a local real estate event, and boom!

I know plenty of my client's are cash flowing here in Phoenix it just depends on your strategy.