Hello BP, My name is Greg and I'm a 30 year old electrical/software engineer from Erie, Pennsylvania just starting out on the real estate/FI journey. 

HiI am looking for a good SKIPTRACING and /or PHONE APPEND software/program.Can you please help?

HiI am looking for a good SKIPTRACING and /or PHONE APPEND software/program.Can you please help?

Due to the nature of property managemnet business which the accounting can get a bit complicated, regardless of which software you choose, I think it'll have some mechanical and tedious nature to it. 

So if I get let's say 20 properties, and I'm managing them under some online software system, doing the accounting through quickbooks, should I keep separate bank accounts for each property? 

I personally would use software that tracks tenants, leases, repairs, maintenance requests, accounting, etc.

I apologize in advance for the wordy post, but would appreciate if anyone has good ideas.I recently started using Rentec Direct (property management software).

I actually own a property management company and I don't have everything I want in my software so I thought "why don't I just make my own software?"...

I am looking to see if any of you use a certain software that deals with NNN lease models.

Likewise, your annual or quarterly or whatever property tax payment is expensed when paid, if you're on the the cash basis (which most people are) but you've already counted that in the reserves.Here is what your accounting software probably shows in the month that you paid the property taxes.Rental Income - $1000.00Expenses:Insurance:               30.00Property Mgmt:   100.00Mortgage Int:        350.00Property Tax:        700.00   Total Expenses:    1180.00Net Loss                   180.00So what you want to do is dump this report into excel in order to reconcile it back to your cash flow.Start with your Net Loss Number and then make adjustments until you reach your cash flow:Net Loss:        180.00Add Expenses Paid from Reserves:Property Taxes:  700.00Subtract Other Cash PaymentsMortgage Principal: $150.00Amount transferred to reserves:  $80.00Net Cash Flow:  $290.00Cash Flow is a completely separate calculation than Profit and Loss.