Software is a common question on BiggerPockets.

Quote from @Fakaradin Floyd: Hey everyone, I'm a 24 year old Software engineer that's always wanted to get into real estate, I graduated college about a year and a half ago and wanted to hit the ground running when graduated.

@Simandu YakubovFor my flipping business, I prefer to use fewer software programs to streamline things.

.), spending time with my family, and always continuing to better myself whether that be reading books, being outdoors and exercising, networking, and/or sharpening my skills for my trade.I started my real estate journey in 2021 after a software business I was a partner in had a bad partnership breakup that saw me lose everything (financially). 

Hemlane.com is a management software I use, very effective and affordable.

We pay them back at close.For people/teams that do something similar, I'm curious what software you use or spreadsheets you've created to: Track cash current cash flow and projected cash flow for the whole business that including fixed costs like payroll and variable costs as well. 

@Logan Allec is 100% correct, as usual.What your accountant missed is a checkbox in his software.

So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.

Setup all business tools like a CRM, MLS access or RE software suites a webpage digital business cards a Facebook business account. 

I'm in the process of building my portfolio into the program but am concerned on it being a turn-key property accounting software.