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Updated 17 days ago on . Most recent reply

User Stats

73
Posts
22
Votes
Agustin Conti
22
Votes |
73
Posts

Software and/or business operation

Agustin Conti
Posted

Hi, I currently have 2 rental properties in 2 dif states. THe one out of state has a management company taking care of things. Now I am about to get a third one, in the same state and if things go well with closing, have the same management company deal with tenants and so on. IF this happens I want to streamline and have a better system for tracking everything from expenses, to contacts..banks..Right now I use a numbers file (mac excel version) for expenses (and tax deductibles)  and a pages (doc equivalent) file for notes, contacts..repairs..estimates..and separated bank accounts. What do you recommend to have a better pro overview of all operations? a dedicated software? or ..I am not a CPA type of  guy and hate doing taxes and all the minutia about receipts and all that but I am willing to be more organized mostly to have a better management of everything particularly of my time. Ideas?

Most Popular Reply

User Stats

33
Posts
12
Votes
Taylor Wilson
  • Rental Property Investor
  • Austin
12
Votes |
33
Posts
Taylor Wilson
  • Rental Property Investor
  • Austin
Replied

I currently self-manage, but when I had a property manager for one of my units, they provided detailed reports through their software system which helped organize all the relevant information. It might be worth asking if they can offer any reports, at least for the expense info.

  • Taylor Wilson
  • Loading replies...