It’s common to finance your rehab with a private or conventional construction loan. Learn how to track this loan and subsequent draw payments. PLUS - we start the conversation on the pros and cons of QBO budgets.

 So many of our businesses are run off of repeatable processes and checklists. We’ve come up with a really cool way to automate this with Podio and Globiflow. Want to give it a try? Get in touch and we can talk about getting this exact framework into your workspace!

Quickbooks Online is an amazing tool for tracking the financials of your Property Management business. But QBO falls short in many other operational areas. Workflow automation software like Podio can help to fill in these gaps. This video demonstrates how to integrate Podio with QBO. As you can imagine, the possibilities are endless with an integration this powerful. Stay tuned for additional use cases as to how we can leverage the powerful functionality of many different Property Mgmt Software services!

Perhaps the most crucial role of any property manager is corresponding with and collecting rent from tenants. Quickbooks Online has amazing accounts receivable functionality built right in! In this video, I'll show you how I use QBO to track my tenant rent balances, add late fees and send reminders.

Update: Audio has been fixed. Enjoy watching!

Reduce time preparing your taxes...set up your chart of accounts to map directly to your IRS forms! Check out this demo where I show you how to establish your COA for Rental Property Management!

Quickbooks Online is an amazing tool for keeping your books in check. It also has great capability when it comes to managing Accounts Receivable. Check out how you can create invoices in QBO to send to your tenants and collect payment.

Do you have any specific questions related to QBO or Real Estate Accounting in general? Please post in the comments. Our best video topics come directly from our audience. Suggestions are greatly encouraged.

Check out how to use a "temporary" fixed asset accounts to track your rehab expenses throughout the year. Then make a really simple journal entry at year end to get all the improvements allocated to right property.

Check out this super cool way to track your CapEx expenses for different properties! Leverage class tracking and display Classes on the columns of your balance sheet! Did you know QBO reporting was so powerful? Stay tuned...we're only scratching the surface of all QBO can do.

Do you have any specific questions related to QBO or Real Estate Accounting in general? Please post in the comments. Our best video topics come directly from our audience. Suggestions are greatly encouraged.

Hey! Following up on Tracking Rehab Expenses in QBO - Part 2, this video shows you how to tie transactions directly to an asset account. In addition, I'll show you how to separate your capital improvements into assets with different depreciation schedules. 

Here's a link to the free cheat sheet mentioned in the video: Free Download

Enjoy! Please let me know what else you want to see within QBO!

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. 

Make sure to download the free list of Products & Services to import directly into QBO!

Enjoy...and please let me know what else you'd like to see me do in Quickbooks Online!