Year end accounting can be a real nightmare...am I right!? In this video I show you how to make Year End journal entries to make sure your capital improvements are accounted for in the right way. This video follows up on the concepts discussed in Real Estate Accounting - Tracking Rehab Expenses (Part 1), where I introduced the concept of using Products and Services to track your rehab expenses in greater detail.
Enjoy...and please let me know what else you'd like to see me do in Quickbooks Online!
Ever need to generate an amortization schedule quickly? This video demonstrates how to use simple formulas in Google Sheets and/or Microsoft Excel to quickly whip up an amort schedule.
A follow up to a previous video, this lesson shows you how to account for extra principal payments in your loan amortization schedule.
You don't need to wait to start automating your Real Estate business. We've done all the legwork to build a world-class Podio template. We've spent hundreds of hours building and perfecting this workspace template....and now it can be yours. Contact us today to get your Rehab Project Mgmt Template!
Does your business use checklist to get things done? Check out how to implement your checklist process into Podio.
Quickbooks Online is an amazing tool to keep your real estate business organized...but many investors are confused as to how to best track rehab expenses. Check out Part 1 of this series for an intro into using Products/ Services to add detail to your rehab expenses. Much more to come!
If you're not using Globiflow in your Podio system...you need to start! This video gives a quick intro to Globiflow and explains the important of adding "manual flows" to your arsenal
Globiflow is an amazing tool to help you automate your business. What a lot of investors fail to realize...is that its REALLY EASY TO USE! Give it a try for yourself and let us know how you do. More videos to come!