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Updated almost 7 years ago on . Most recent reply

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36
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4
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Scott Duerk
4
Votes |
36
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Record Keeping for buy and hold properties

Scott Duerk
Posted

I'm looking to purchase my first property very soon. I'm wondering what systems, software, apps, you all use to keep records for your properties. Are you using a shoebox, file folder, scan and toss, scan and keep, other method? Appreciate the feedback. 

Most Popular Reply

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895
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244
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Gita Faust
  • Accountant
  • Richboro - Philadelphia, PA
244
Votes |
895
Posts
Gita Faust
  • Accountant
  • Richboro - Philadelphia, PA
Replied

@Scott Duerk Congrats on your first!!!!

Are you looking for free or a way to get organized that would let you grow?

Keep it simple.

Here are freebies:

- Dropbox or Google Drive: Download the app, and take a picture of all the receipts as you spend money, write down the property name and add it to the folder

- Excel or Google Sheet: accounting and other

- After you record it, move it to the property folder

For paid:

- Hubdoc: Document management software

- QuickBooks: Accounting and bookkeeping

  • Gita Faust
  • Loading replies...