My husband is more of a process person and book keeper type so I think we would make a great team somewhere in the real estate investment industry.Challenge: Our financial position is less than stellar. 

I did some bookkeeping years ago for a little old landlord who was the funniest guy - he leased out rooming houses and he took out rent payments in "trade" from some of the ladies.

This is the best plan I’ve come up with.We did a whole 2 hour class on the bookkeeping and accounting for real estate investors too and provide you with a spreadsheet for that.

If they don't respond I know I may have a problem and call, or have my bookkeeper call.

Do I just hire a bookkeeper to take over that portion of my responsibilities.

I also have a small bookkeeping business on the side, am a Certified ProAdvisor through QuickBooks Online, and I work with any small business, in any industry anywhere in the country. 

Figured I'd get a post up providing basic and high-level advice on bookkeeping and tax planning/strategy for my fellow investment real estate gurus.1.

We use a bookkeeper and a CPA who are very real estate investor-savvy, so the taxes have not been complicated on our end. 

Hey ladies and gentlemen, I am basically ready to make the leap, have all finances in order, great team (attorney, bookkeeper,CPA, Broker, etc.) and have been looking into residential multi-families in Northern CT, and Western MA, and the more I think about it and the more 5 + units I see, the more I believe it would be smarter for me not to be "afraid" of commercial and believe it to be more advantageous to go a little bigger rather than smaller (assuming the price is right) I have spoken to numerous people, and they say "well this is your first property, so you won't be able to get a loan for any commercial",  or " stick with getting the 2-4 unit as your doing, prove that you can manage something small for 1-2 years ( I will be living their) and then go after commercial.

I have only 7 properties and want to start doing my book keeping in house.