Trying to run a real estate business without proper cash flow management is like being blindfolded in a maze: you may eventually figure out where you’re going, but you’ll be stumbling around and making mistakes before you get there.
Debt is often the best way, and sometimes the only way, to finance your business as you acquire more properties.
With the current toll on the global economy, a widespread recession seems inevitable at this point. With that comes the immediate need to cut costs.
We sat down with Jeff Engstrom, a Senior Advisory Associate with Hall CPA, which is also known as the Real Estate CPA, to learn about the necessity of accurate record-keeping so your investors keep coming back.
There’s a hefty amount of paperwork involved in commercial property management. As challenging as it can seem sometimes, it’s important to be thorough.
Are you tracking your tenant security deposits? This is a must-do activity for anyone that owns real estate.
In the Setting up a Chart of Accounts for your Real Estate Management Company blog, we talked high level about setting up a Chart of Accounts for a real estate company. This time we are taking it one step further and we are walking you through the process, step by step for QuickBooks desktop. You […]