Pms: Hospitable Pricing: PricelabsSound: Noiseaware Locks: SchlageWebsite and guidebooks: Wordpress Accounting: Quickbooks Organization: Google sheets and docs 

Some of these people have been sitting on it for 20, 30, 40 years and have done nothing with it but pay taxes on it. 

All of Bernie Madoff's clients thought their accounts were in great shape until the day the news broke.

You can open a savings account for these amounts.

No POF, no taxes.

For accounting, we use QuickBooks Online for all of our clients (100% are REIs; some have MTRs).- Time Capital Bookkeeping (REI since 2019) That's good to know!

Quote from @Mikai Stewart: Quote from @Wale Lawal: @Mikai StewartI think as a small multifamily operator Costar feels like overkill, you should try something leaner like Buildium or AppFolio both of these handle leasing, tenant tracking, maintenance requests and accounting but without being very pricing.

As I’m building my cash reserves I’m curious what types of account (s) should I hold the money in?

They get an ACH from my tenant in their account same day, but won't do the same into my account.

It’s funny — we spend so much time hunting for deals, analyzing cap rates, and negotiating offers…but the part that actually determines how much wealth we keep often gets ignored.I’m talking about the business side of investing — how you manage your numbers, track your expenses, and plan for taxes before tax season hits.I’ve worked with investors who made six figures flipping or holding rentals — and still ended up frustrated because their cash flow disappeared into poor bookkeeping, messy structures, or missed deductions.The ones who grow fastest?