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bookkeeping
Animated graphic of a man surprised at all the tax money he might owe the IRS
Real estate wholesaling is the fastest and most profitable way to make money in realestate. In fact, most of the clients we serve are wholesalers. They are highly profitableand represent one of the best ways to break into real estate with little to no money. It’snot uncommon to see a first-year wholesaler generate 200k-400k in...
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Image Of Monopoly Style Board Game
One of the most common questions we get from investors is:“Which level of QuickBooks do I actually need?” It’s a fair question. Intuit does not make it easy for the average small business owner to figure this out. Before we dive into QuickBooks Online (QBO), we need to briefly talk about QuickBooks Desktop. What Happened...
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Bookkeeper Using Calculator At Wooden Table In Office
If you’re a real estate investor using QuickBooks or another accounting system, you may have encountered Accounts Receivable (AR) and Accounts Payable (AP). These are powerful tools in traditional businesses, but for most rental property owners, they’re more trouble than they’re worth. Let’s break down what AR and AP do, why they often don’t make...
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Animated drawing of a man drinking coffee with sunglasses on.
I’ve connected with numerous other accountants on LinkedIn and social media over the years, and there’s something I’ve noticed repeatedly: many accountants seem to avoid calling themselves bookkeepers. I’m not entirely sure why that is, but it likely comes from the stereotypes that have followed this line of work for decades. I often hear other...
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Businessman Calculating Money Related To Real Estate investing
When most people think about hiring a bookkeeper, they picture a retail store or service business. But if you’re a real estate investor, your needs are completely different. Yes, real estate investing should be treated like a business. But the way money flows, the way transactions are recorded, and the way reports are built are...
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Asset Management Binder Data Finance Report
Why You Should Be Running Payroll (and the Best Options to Do It Right) If you’re running a real estate business—even a small one with just yourself and a few team members—you may be wondering if you really need to run payroll. For many real estate investors, writing the occasional check or transferring funds via...
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A person working on bookkeeping
If you’re a real estate investor exploring bookkeeping options and wondering why our services start at $500/month, you’re not alone. We often hear from investors who say they were hoping to spend just a few hundred dollars—but it’s important to understand what that really gets you. If you’re thinking about hiring an in-house assistant or...
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