You hold your lawyer, accountant/bookkeeper, banker, grocer, etc. accountable, as do I.

It'll also help you learn how to develop bookkeeping skills so you're ready for tax time next year.

There really isn't too much involved other than a little bookkeeping and scheduling of maintenance.      

If I keep buying real estate, I will need to hire an assistant and bookkeeper.

She also did all of the book keeping/taxes for our little Buy and Hold rental business that I worked at on my days off.

Hire a property manager (10% of revenue) and a book keeper ($30/mo) (some PM’s will include this). 

The important thing is to track expenses per deal and keep receipts/book keeping in order to accurately report profit for tax purposes.

Nowadays having to pay something around 2% or more than current residential rates and having a balloon payment in 15 years (or less for some) can be a pretty significant cost to using a legal entity.Don’t forget some incremental costs such as bookkeeping and tax filing costs.  

Who is doing the maintenance, taking phone calls, emails, bookkeeping, showings, etc.

So we just hired a bookkeeper and she will be incredible!