Real estate investors value rental property differently from regular homeowners. In addition to providing tenants with a nice place to live, investors also purchase rental property for the potential monthly…
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The 3 types and uses of cost basis for rental property
Some real estate investors mistakenly believe that the “cost basis” of property is its purchase price. However, cost basis isn’t as clear cut as it might seem. Understanding the difference…
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Can landlords use FreshBooks for their rental properties?
Real estate investors use rental property accounting software to keep track of income and expenses, claim every possible tax deduction, and monitor property financial performance. Some investors use a basic…
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Rental property chart of accounts (free template & resources)
Having a rental property chart of accounts is a key component of managing the financial performance of any real estate investment and making better investment decisions. The general concepts for…
Should I pay off my rental property? Learn the pros & cons
Paying off a rental property is a much more complicated question than it might seem. On the one hand, cash flow will increase and worries may decrease. But on the…
Simple Security Deposit Accounting for Property Owners
Landlords require security deposits from tenants to help ensure the rent will be paid on time and the other terms and conditions of the lease will be met. But tenants…
6 key steps to effectively managing your rental properties
After closing the deal on a rental property, one of the biggest decisions an investor has to make is how to manage the property. While some owners choose to completely…
A free rental property profit and loss statement template
Without a clear picture of how much your property earns or costs you each month, it’s easy to miss opportunities for growth or overlook signs of trouble. A profit and…
Rental yield: What it is and why it matters to investors
Rental yield compares the cash generated by a property as a percentage of the property price or market value. Of the many financial metrics that real estate investors use to…








