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Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...
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I have 22 units, 3 multi-units and 8 condos that I own personally (no other investors). I have so far been managing accounting wise with a combination of mint.com, excel, and turbotax. I would say my biggest weakness ...
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What do you do for book keeping for your first rentals?
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Some context:My PM uses Buildium. Each month, I take the income & expense report generated by my PM and manually enter it into my bookkeeping software (just Excel) alongside other expenses (mortgage, landlord-paid...
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Looking for advice to get our books in order, so to speak. We now own 10 units - our first deal. Should we hire a local bookkeeper? Use a new app? Use property management software? Open to ideas. Thx
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Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
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Hello,Curious about how other investors, say 25 units or less, manage their bookkeeping needs. We have developed a pretty effective, but cumbersome excel process, but are now looking to really streamline things from a...
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For those of us who have found mentors/coaching/masterminds to make us WAY more money than they cost us, what are you SPECIFICALLY most wanting to gain from these programs? Here's some examples:EncouragementAnalyzing...
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I hope I am in the right forum. If not, let me know where it should go and I'll change it.
Currently, I do all the accounting for my LLC which owns SFR's. I sue Excel and for the most part it works just fin...
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Looking for easy book keeping and accounting programs to help get us organized. We have 11 doors (5 units) and are starting to feel disorganized especially with the accounting. We are in the process of looking into ...