For the past ten years, REI Bookkeepers has focused on doing one thing exceptionally well: bookkeeping for real estate investors. We’ve never tried to be everything to everyone. Instead, we’ve specialized in QuickBooks Online bookkeeping for landlords, flippers, wholesalers, and other real estate professionals. That focus has allowed us to build systems, train an outstanding...Read More

1. Tax Season Readiness The most common reason real estate investors hire a bookkeeper is to take the stress out of tax season. Every year, tax season arrives and investors find themselves spending days sorting through bank statements, receipts, and transactions trying to piece together an entire year of activity. The process is stressful, time...Read More

If you’re thinking about reaching out to learn more about our services, the best place to start is by clicking the following link – Become a Client. We’ll ask you a few questions to better understand where you are in your real estate investing journey. Your responses help us determine whether bookkeeping support makes sense...Read More

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...Read More

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...Read More

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...Read More

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...Read More

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...Read More

If you are hiring a bookkeeper or accountant, one of the smartest steps you can take is to grant them secure, read-only access to your business bank accounts. This allows them to view transactions and reconcile your books without the risk of making changes or initiating transfers. Most major banks now offer this feature, often...Read More

After speaking with hundreds of real estate investors about their bookkeeping, I’ve identified one common mistake that most house flippers are making. To understand the mechanics of this mistake, it helps to have a basic understanding of accounting. When classifying bank feed transactions, one overarching question needs to be answered: Should this cash outflow be...Read More