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Gerald Koonce
  • Newark, NJ
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Keeping Track of Your Rental Portfolio

Gerald Koonce
  • Newark, NJ
Posted

Hey community. I'm pretty new as an investor with only 3 doors and a newly created LLC in May. My question for the more seasoned investors, what is the easiest way you manage your properties? Right now I use excel but hate creating all the formulas to keep track of expenses and rent roll. Any advice would help.

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John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
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John Underwood
#5 All Forums Contributor
  • Investor
  • Greer, SC
Replied

I use Excel. It is very powerful. I can create a new tab for every property.

I am an engineer and love creating customized formulas which makes it easy to track income and expenses. I can also keep data like: Tenants, contact info, lease data, AC filter size, trash day, etc

  • John Underwood
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