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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