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21 April 2023 | 5 replies
My accountant recommended getting a bookkeeper at least to help a bit this year as I’m acquiring more properties.
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18 October 2018 | 3 replies
I am in the middle of an introductory class to bookkeeping and highly considering taking the full class to become a professional bookkeeper.
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11 February 2020 | 124 replies
With 5 units you would basically doing the bookkeeping of a 25 unit apartment.
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26 July 2021 | 82 replies
I don't make much a month except the cash flow from my properties, so I pay a bookkeeper, and I have other bills to pay.
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20 January 2018 | 3 replies
One of the benefit using a property management is they do the book keeping for you.
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21 January 2017 | 68 replies
And many of them can be pretty passive if set up right....not really different than hiring the right PM and bookkeeper.
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15 January 2015 | 1 reply
Payroll, bookkeeping, etc can mostly be done remotely.Here is a great list of questions to ask a potential accountant:http://www.biggerpockets.com/forums/51/topics/70447-questions-to-ask-a-cpaAlso check out the www.NAEA.org page in your search.
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6 February 2017 | 2 replies
Use portfolio to gain financial independence with cashflow.Keep process as hands-off as possible with property managers managing homes and a CPA and bookkeeper managing taxes.Consider apartment investing and fix & flips in the future.Here is what I am looking for with homes 5-10:Grow in my current markets with my current teams.Explore a couple of more markets (I'd like to get into Orlando).
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24 January 2016 | 5 replies
My "day job" for the last 18 years has been as a bookkeeper and business consultant.
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20 August 2017 | 2 replies
If the owner isn't willing to provide a P&L either he's hiding something (from you, the IRS, who knows) or his bookkeeping is such a mess that he has no P&L.