Bulletproof Bookkeeping TM With QuickBooks Online for Real Estate Brokers
I once read that you should drive an “ok” car but live in the best possible place you can afford. Ever since that day I get an inside chuckle when I see someone living in a basic middle class neighborhood with a $90,000 car in their driveway.
I’ve always loved real estate. One of my first clients in real estate was an agent who owned a bunch of rental properties. When the day came that I asked him about renting one of his places because my girlfriend (now my wife) and I weren’t happy where we lived anymore something he said struck me.
Ron was showing me some of the attention to detail he put into the fixtures and other things he did to fix up the place I was about to rent. He said something like, “We really take pride in providing a nice living environment for our tenants.”
That statement struck me. And it was true, he really did put a lot into providing a nice living environment. It was a great place to live just inside the heart of Hollywood on Cahuenga Blvd adjacent to the 101 overpass. Down the street was this great pizza place with these tremendous slices of pizza. I would often come home from seeing clients with a pie in hand. We were also down the street from the Hollywood Arclight Theater where my wife and I would often go for lunch and a movie in their big dome theater with what was then the most amazing sound system available.
I remember talking with Ron one night. I was running and sending him reports on each of his rental properties and he remarked to me and thanked me for my attention to detail. I realized that this was my version of what he said about providing a really nice living arrangement for his tenants. My version was providing a great environment for my clients. One in which they have visibility into what is going on with their businesses.
In accounting it all comes down to reporting. And in order to get reliable reporting, we need bulletproof bookkeeping.
For real estate brokers this means having a very clear picture of how much you’ve earned on a listing, and what you paid out in expenses on that same listing. There is a lot that can happen inside of that, and that’s what this course is going to teach you.
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In addition to the online course you will get an eBook with detailed write ups and screen shots to help you as a study guide.
From Importing your chart of accounts to a worksheet that will prepare you before entering your listings into QuickBooks Online, we've got some really slick templates that will make things much easier for you!
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Key benefits from this course
Learn from one of the top QuickBooks Trainers in the world!
Seth David is well recognized in the accounting industry not just as someone who is knowledgeable, but as someone who knows how to teach the material.
Review Seth's Articles on Intuit's Firm of the Future here --> Click Here
This course will give you the tools you need so you can keep up with your accounting and stay focused on what you do best, which is selling real estate!
Seth breaks real estate accounting down so simply that youcan easily understand it even if you don't have a background in accounting and bookkeeping.
You will be able to run reports in QuickBooks Online and make sense of them.
Most importantly you will understand what is going on with your business!
@Seth David I just have to give you a great big THANK YOU. Your Bulletproof Booking course, along with all the answers I received on Slack from you and others in the group, made it possible for me to properly work with retainers, AND correct all of 2020. See it on Trust Pilot
Not only does Seth bring a wealth of knowledge to the table, he also breaks it down in a way that's simple to grasp. He gives you the tools you need to succeed in your business... See it on Trustpilot