It’s designed specifically for real estate, with features like rent tracking, expense management, and tenant payments, making it more tailored for property owners.However, if you’re used to QuickBooks or need more robust general business accounting (e.g., payroll, invoicing for non-rental income), you might want to keep both.Ultimately, it depends on your specific needs:For property-specific accounting, Buildium is likely enough.For broader business finances, consider running both or consulting a CPA to see if Buildium covers all your requirements.

The reason I posted this question is to see if any specific areas could be improved by technology that can help you be better at your business. we don't live in an ideal world, and sometimes the existing tools, may be useful as we are used to using it, but they arent very optimal.The best way to look at it is to see if there are some problem areas that you think if addressed via technology will help you be more efficient and reduce your investment risks. 

Are there specific investment strategies that seem to be working well for you?

Hi Blake, My company manages properties for others in New London (and the surrounding area), specifically single-family and small to mid-sized multifamily properties.

If a company provides a specific uniform that must be worn by all employees on a job, then it probably is a legitimate business expense.

I am looking to invest in real estate, more specifically a duplex.

It's great to work with a real estate-specific tax professional but it's difficult because you don't always know what you don't know.

Anne NHi Anne,I haven't seen any DSCR programs specific to Sober Living, however, we've closed Sober Living deals with a no-DSCR product.

Hi Michael,Schlage Encode Smart LockRing DoorbellNoiseaware (if more than 2 bedrooms)Ring Backyard and Side Cameras (Optional)Let me know if there's anything specific I can go into more detail on!

@Pat ArnesonThis is very specific to each lender.