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Updated over 4 years ago on . Most recent reply

User Stats

133
Posts
19
Votes
Chris Walters
  • Montreal, Québec
19
Votes |
133
Posts

Your Top 5 Real Estate Book Keeping Software

Chris Walters
  • Montreal, Québec
Posted

The title says it all... Please note that I am strictly talking about software for book keeping purposes.

I only know of Quickbooks and Sage

  • Chris Walters
  • Most Popular Reply

    User Stats

    21
    Posts
    9
    Votes
    Doug Matthews
    • Investor
    • Atlanta, GA
    9
    Votes |
    21
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    Doug Matthews
    • Investor
    • Atlanta, GA
    Replied

    @Chris Walters quicken real estate comes standard with most of the accounts already setup and is very easy to get up and running compared to quick books. QRE Tracks properties, leins, tenants, security deposits, expenses by category, etc. it also has excellent built in reports by property for cash flow, P&L, etc. you can also keep your personal and other business expenses in the same file, however I create different files for them. Ten units is a bit of a nebulous thumb rule, but quick books allows you to fully run a business (ex: invoicing, payroll) and most people when they get to that scale are moving beyond the basic SFH rental needs and have more advanced requirements.....

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