Organizational Advice Wanted

[Westin Hudnall]

Hello Bigger Pockets World :)

I need "big picture" organizational help implementing systems for my business.

Here's my business back story:

Started an LLC with my Wife and I (50%) and 1 other business partner(50%) in Dec 2012.

We own 8 nicer buy and hold rental properties in Wichita, ks that we purchase with HELOCS followed by a 75% refi.

I am looking for any organization systems help that can be offered to help us run a well oiled machine. This could pertain to partnership; accounting practices; rent collection systems; ANYTHING organizationally that will positively impact our business :

I'm looking for as many replies as possible as : Thanks in advance ! :)

[Curt Davis]

Use Quickbooks for accounting.  Use a property management software like Propertyware or Buildium ( but keep in mind these are normally used by mgmt companies ).   Make sure you and your other partner have a dissolution agreement in place in the event things go south you know what will happen.