Summary

Process

FAQs

• What types of real estate investors do you work with?

  I work with residential and commercial real estate investors, including those who own rental properties, flip houses, or engage in wholesaling. My services are customized to fit your unique real estate investment needs.

• Can you help with both rental property bookkeeping and property flipping?

  Yes! I offer bookkeeping services for both rental properties and property flips. Whether you need to track rental income, property-related expenses, or the profitability of flipped properties, I can help organize and manage your financial records.

• Do you help with wholesaling real estate transactions?

  Absolutely! I specialize in wholesaling bookkeeping, tracking income from deals, managing marketing and lead generation expenses, and helping you stay on top of your finances while scaling your business.

• Can you assist with tax preparation for real estate investments?

  Yes, I can help organize all the necessary financial documents for tax preparation. I ensure that you have records for deductions like depreciation, repairs, mortgage interest, and 1031 exchanges to optimize your tax filings.

• How do you handle capital gains calculations for property sales?

  I help calculate capital gains on property sales by tracking acquisition costs, improvement expenses, and sales proceeds. I ensure all related deductions are factored in to give you an accurate profit or loss on the sale.

• What bookkeeping tools do you use for real estate accounting?

  I primarily use QuickBooks, Xero, and Wave for real estate bookkeeping. These tools are great for tracking income, expenses, and generating detailed reports specific to real estate investments.

• How often will I receive financial reports?

  You will receive monthly financial reports, including Profit & Loss Statements, balance sheets, and cash flow reports tailored to your real estate activities. I can also provide quarterly or year-end reports upon request.

• What if I have multiple properties or deals?

  No problem! I can handle multiple properties or deals, providing detailed reporting and ensuring each investment is tracked separately, including expenses, income, and profitability.

• Can you assist with budgeting and forecasting for my real estate investments?

  Yes, I can help you create a budgeting and forecasting system for your real estate investments, ensuring that you stay on track with projected cash flow and expenses while identifying potential areas for growth.

• How do I get started with your services?

  Simply reach out to me via my Contra profile to schedule an initial consultation. We’ll discuss your real estate investment strategy and I’ll tailor my services to meet your specific needs.