J P D
New Contributor
Hey guys,
I'm about to close on my second multi-unit property. Up till now I have just been keeping track of finances for my 2-unit on paper and a very basic microsoft works spreadsheet layout. Now that I will be keeping after 6 units I would like to keep a more detailed account of each unit. I'm going to upgrade my spreadsheet to excel and get some kind of accounting software.
I have been looking into getting either quickbooks or quicken rental property manager. What are your thoughts on these programs? Anyone use the software program offered on the mrlandlord website? Would you recommend any other software to organize all financial info related to my rental business?
I'm leaning toward quickbooks so I can also use it to keep track of my personal finances. I have read some bad reviews of quicken's rental property program not being up to par. What do you guys use to keep track of property finances?
Any help would be appreciated.
I'm about to close on my second multi-unit property. Up till now I have just been keeping track of finances for my 2-unit on paper and a very basic microsoft works spreadsheet layout. Now that I will be keeping after 6 units I would like to keep a more detailed account of each unit. I'm going to upgrade my spreadsheet to excel and get some kind of accounting software.
I have been looking into getting either quickbooks or quicken rental property manager. What are your thoughts on these programs? Anyone use the software program offered on the mrlandlord website? Would you recommend any other software to organize all financial info related to my rental business?
I'm leaning toward quickbooks so I can also use it to keep track of my personal finances. I have read some bad reviews of quicken's rental property program not being up to par. What do you guys use to keep track of property finances?
Any help would be appreciated.
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