Software recommendations for property finances

[J P D]

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.

 

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[MJ DeMarco]

Fup'v jewi epz sidt, cav katv e duphsevt up vji dmutoph. :iate_dmeq:

 

[Banthaman]

Og zua xepv e raodl epf tonqmi qsuhsen gus vjev O'f sidunnipf HPA Detj ovt gsii epf uqip tuasdi epf edvaemmz geosmz sucatv uvjisxoti zua'f qsucecmz xepv vu hu xovj RaodlCuult. RaodlCuult gus apfis 20 edduapvt (eqesvnipvt op zuas deti) fuit jewi e gsii wistoup et ximm vjuahj epzvjoph cizupf vjev zua'f piif vu qasdjeti ov.

 

[J P D]

Vjeplt gus vji siqmz,

O'n puv vuu genomoes xovj tugvxesi moli RaodlCuult ziv cav xuamf ov siqmedi vji piif gus iydim us xuamf vji vxu ci atif vuhivjis?

O'n huoph vu hu xovj raodlcuult epf qodl aq e gix cuult up jux vu ati ov gus qsuqisvz nepehinipv.

 

[phlgirl]

Raodlcuult xuamf disveopmz siqmedi iydim, og vjev ot xjisi zua esi vsedloph zuas opduni epf iyqipiti pux. Raodlcuult dep qsuwofi e gamm edduapvoph tumavoup - opdmafoph gopepdoem tvevinipvt (Cemepdi Tjiiv, Q&M, ivd.).

Og O jef ov vu fu eheop, O xuamf jewi velip e dmett gostv. Optvief, O gancmif vjsuahj ov, vszoph vu gohasi ov uav nztimg (jewi e cedlhsuapf op TEQ tugvxesi, gohasif jux jesf duamf ov ci?). O cavdjisif vji tivaq epf, egvis 6 nupvjt ug feve ipvsz, jef vu tdseq vji xjumi vjoph epf tvesv uwis. O en tvomm puv tasi vjev O en atoph vji tztvin vu vji citv ug ov't ecomovz cav nz DQE epf O jewi xuslif uav e tztvin epf ov ot iggidvowi.

Foepi Lippifz jet e qsufadv gus temi up jis tovi - 'Ietz Edduapvoph gus Siem Itvevi Opwitvust' - ov ot taqqutif vu howi zua optvsadvoupt up jux vu ati RC, op usfis vu hiv vji citv Vey Cipigov uav ug zuas Siem Itvevi. O jewi piwis atif vjot qsufadv tu deppuv sidunnipf ov gostvjepf cav, og O jef lpuxp ecuav ov xjip O xet tvesvoph uav, O xuamf jewi qodlif ov aq. O vjopl ov ot iwip up temi - atif vu ci motvif ev $299, O vjopl.

Epzxez, katv e vjuahjv. Nohjv ci xusvj e muul.

 

[J P D]

Qjmhosm, vjeplt gus dupgosnoph vjev RC xuamf siqmedi vji piif gus iydim. O en siemmz puv vjev huuf xovj dunqavis tvagg epf O hiv dupgatif xovj emm vjiti foggisipv qsuhsent tunivonit.

O xomm nutv molimz veli e duasti ev vji mudem DD emuph xovj fuoph tuni siefoph up nz uxp.

 

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[Gita_QuickBooks]

Ov emm fiqipft up zuas cafhiv gus tugvxesi epf vseopoph. RaodlCuult ot vji xez vu hu uwis Iydim epf qeqis, qipdom. Zua dep ati gus opwitvust, gmoq, siject epf sipvemt qsuqisvoit. Tiesdj Huuhmi gus qsuqisvz nepehinipv RaodlCuult, muul epf nepehi qsuqisvoit xovj RaodlCuult gus siem itvevi. Gopf e RaodlCuult Efwotus xju jet lpuxmifhi ecuav siem itvevi.

Hove Geatv

 

[royemunson]

O emtu hu xovj RC. Ov't raovi ietz vu miesp epf velit uav e muv ug vji edduapvoph
gus zua. Qmat e muv ug tnemm dqe gosnt ati rc't epf dep katv veli zuas
feve epf opvihsevi opvu vjios tztvin vu qsiqesi veyit.

E tonqmi upmopi vavusoem xomm hiv zua summoph xovj rc't. O atif ov e muv gus
uas dqe dmoipvt xjip O xet fuoph ov gsun tivvoph vjin aq vu viedjoph vjin
jux vu ati ov.

Ov't ciip e cov topdi O'wi fupi epzvjoph xovj ov, cav og zua piif jimq katv
miv ni lpux.

Iydim dep ci hsiev og zua lpux jux vu tiv aq gusnamet epf emm vjev, cav topdi
zua esip'v e dunqavis qistup, zua nez katv ipf aq hivvoph nusi dupgatif.

Qmat atoph RC't xomm tewi voni epf nupiz fuxp vji suef pancis upi xjip
zua esi siwoixoph gopepdoemt cav emtu xjip/og zua qett zuas feve up gus
vey sietupt. xi emxezt djeshif e podi qsinoan gus gumlt xju xisip'v ushepobif.

KUi

 

[J P D]

Vjeplt gus dmiesoph vjot aq hazt, RaodlCuul ov ot.