Further, I utilize both a book keeper and tax accountant.

Hi all,I’m looking for a bookkeeper to assist with real estate investments as well as a transportation company that I own in Philadelphia.Would be great if I could find somebody local, but remote is something I would be fine with.Must be a Quickbooks professional.Thanks,Mayer

However, we’ve acknowledged our shortcomings, and will address them by outsourcing things such as book keeping to qualified professionals.6.

This includes mowing the lawn and snow blowing in the winter, rent collecting, and bookkeeping. 

I've owned and continue to own both, and there is no way someone can tell me with a straight face they spend less time getting a lender, giving them 80 documents, clarifying documents, talking to a seller, signing contracts, hiring a property manager (or managing yourself), bookkeeping, managing repairs, insurance and hoa setup, sending the lender more documents vs. vetting a sponsor and wiring money.I'm have very good luck with my rentals and I spend very little of my life on them, but that very little is STILL 5-10X what I spend on passive investments.One missed payment or eviction is added stress; you don't even hear about this as a passive investor.

You do monthly bookkeeping?

She will handle the property management including bookkeeping.

We are finding that bookkeeping is becoming increasingly difficult with the more projects we add on.

You may be able to operate it at a 12 cap if you were to run it by yourself, but things you may not consider that your investors may want that you have to account for our quarterly reports on progress, a bookkeeper to keep track of finances and provide oversight and the ability to call you whenever they want.  

You may be able to defer some bookkeeping to them.