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I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...
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We are new investors to rentals/flips. I have recently purchased 12 properties which 10 are currently rented. I'd like to self manage these. I just want to make sure my financial tracking and bank accounts are the m...
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My accountant recommended that I use quicken rental property manager. However I see many negative reviews on Amazon. I only have 4 units now, but I am planning to acquire more properties. What is your feedback on thi...
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I am going from one property to three this month which I expect to get a little more difficult when it comes to following the money. So, I was wondering how other are keeping track of their banking finances. I have ...
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I’m always looking for ways to measure and track my money, my progress, and my success. Until recently, I’ve been doing so on a series of notes and spreadsheets and it’s been a super manual process with a lot of room ...
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So, this is a two parter – 70% Rant, 30% Tip, feel free to skip down to the tips section…RANT:So I’ve had a busy year, went from 0-8 houses, and I’m definitely feeling the growing pains, but the biggest one is with In...
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So my partner and I are in the trial period for quickbooks and noticed that there are two versions, the desktop and online version. Is one better than the other for real estate investors? Does anyone know the differen...
Hey,I recently been using QuickBooks for my rental properties, but I still don't really see a big need for it? Will using QB be beneficial for my business? Someone told me It will help me get Business loans in the fut...
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How does everyone do accounting for the development project or new construction? What software, if any, do you use to build and track against budget?
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I am a property manager going into my second year. I currently manage 6 units with the goal to double that number in 2024 and so on. i am looking for a software/system that allows me to automate payments from tenants ...