Hi, I own two warehouses with 3 siblings, and we have 3 tenants in the buildings. I'm the sole manager of the business and the properties. Currently I'm looking for some kind of methodology, software or app, that I ca...

We initially spent about 20 hours getting my accounts set up and organized in Quickbooks.

We sign leases with nonprofit and for profit companies who provide structure and services to people in recovery.

How do you handle organizing this?

Stay on top of things, stay organized, and track every important date, from due diligence to contract extensions.Early on, I got myself into some pretty stressful situations.

I'm using the heck out of virtual accounts and virtual cards, which is helping keep my finances much more organized for each individual property.

Trying to make this as structured and organized as possible.Thank you.

Just to clarify, there is no limit to what you can raise as a nonprofit but, as Shonda mentioned, you can do a simplified filling if you intend to raise less than 50k a year.

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As a young investor, stay organized, keep learning, and don't be afraid to ask for help.