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Real Estate Bookkeeping is not a revenue producing event like collecting rent or selling a property so it sometimes gets pushed to the low end of the priority list. However, when too much time elapses between a financial event and the documentation of that event in our accounting and corporate files it actually takes more time and effort than if we had done it right the first time.
Accounting and real estate bookkeeping are not fun or sexy, but if you plan to earn or spend money (that’s almost everyone!), it is in your best interest to do your bookkeeping well. There are a lot of strategies and best practices that can make the task less painful.
While we can’t guarantee you’ll fall madly in love with real estate bookkeeping, we do hope to share some ideas that will make your life easier.
In this training video with professional investor David Campbell and Certified QuickBooks Consultant Renee Daggett, you will learn how to:
· Simplify your records and receipts using simple organizational techniques
· Avoid the ten most common organizational mistakes real estate investors make
· Use a “Chart of Accounts” to simplify your accounting
· Improve your ability to forecast your real estate investing cashflows
This webinar / training video is appropriate for both new and seasoned real estate investors.
MEET OUR WORLD CLASS FACULTY
Real Estate BookkeepingRENEE DAGGETT is the president of Administrative Bookkeeping Co., Inc. She received a bachelor’s degree from San Jose State University in 1989 and is an Enrolled Agent tax preparer (enrolled to represent tax payers before the IRS). Renee is also the author of “Your Financial Flight Plan: Pilot Your Business To Profitability.” In her book, she demonstrates in a creative way the reasons why every business owner needs to be a better manager of his/her business.
david campbell cashflowDAVID CAMPBELL Professional investor Davd Campbell www.HassleFreeCashflowInvesting.com has been a principal or key advisor in over $800 million of real estate transactions since 2000. Believing that properties don’t have problems, people do. David takes a people first approach to coaching real estate investors towards their financial goals. David is the owner of a commercial property management and syndication company as well as a production home building company.