Real estate and property management are a very lucrative and capital intensive business. If run effectively, it can reward investors consistently but the reverse might be the case if cash flows are not properly tracked.
In this guide, I will be sharing useful tips on how I implemented QuickBooks for a property investment company in Nigeria and how you can deploy similar techniques in less time.
Tracking All Property Portfolio
I created all the properties owned as an investment property which is a non-current asset and enter their respective value as opening balances.