Nick Baldo – Real Estate Accounting Bootcamp 3.0 | 21.9 GB
- Lifetime Access - 6 Modules, 55 self-paced video Lessons - Free Access to REAB Community (Valued at $1,164) - 30-Day Access to REAB+ – Live Q&A Sessions and Exclusive/Behind The Scenes Lessons (Valued at $1,765) - Free Crash Course: Google Sheets Crash Course (Valued at $497)
MODULE 1 Setup & Accounting Basics ESTABLISH THE FOUNDATION Module Highlights: - Real-Estate focused Chart of Accounts - Customizing QBO For your business - Demystifying Debits & Credits - Accounting for RE Investing Crash Course
MODULE 2 Purchasing Property UNDERSTAND WHAT YOU OWN Module Highlights: - Translate a HUD statement to QBO - Differentiate between building, land and closing costs - Purchase with cash, financing, equity…we cover it all! - Understand depreciation
MODULE 3 Projects & Capital Improvements RENOVATE & CAPTURE Module Highlights: - Understanding Capital Improvements vs. Deductible Expenses - Utilizing Products & Services for comprehensive reporting - Deep Dive into Flip Projects & Developing Vacant Land - Depreciating Capital Improvements
MODULE 4 Operating your REI Business A SUSTAINABLE PROCESS FOR MANAGING YOUR BOOKS Module Highlights: - Tracking expenses - Managing Accounts Payable (A/P) & Accounts Receivable (A/R) - Leveraging Recurring Transactions - Track Property Management Statements
MODULE 5 Selling/Refinancing Property CASH OUT ON THE SALE Module Highlights: - Understanding Escrow Accounts - Clearing out CapEx/ Depreciation - Refinancing a Property - Dealing with a 1031 Exchange - Closing out a Propert
MODULE 6 Reporting & Advanced Functionality REAL-TIME BUSINESS METRICS Module Highlights: - Customizable Reports - Management Reporting - Utilizing Reports to Reconcile Data - Cashflow Management - Super-powered external reporting
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