QuickBooks for Property Management - Tenants and Owners

In this episode, Nick Baldo introduces QuickBooks online for property management, explains the related workflows, and how to set up products and services. He also covers invoicing, creating recurring credit memos, and checking financial reports. Future topics include managing accounting for self-managed properties.

Real Estate Accounting- Flips on your P&L or Balance Sheet? (Part 2)

In this episode, Nick Baldo covers various aspects of real estate investing and bookkeeping. He discusses managing transactions, tracking rehab expenses, preparing for property sale, and accounting for selling costs. Nick also simplifies recording of sales and explores balance sheet and P&L transfers. The episode concludes with a mention of Income Digs courses and resources.

Real Estate Accounting- Flips on your P&L or Balance Sheet (Part 1)

In this episode, Nick Baldo introduces QuickBooks online for real estate investing, overviews Real Estate Accounting Boot Camp, and discusses the treatment of expenses on property flips. He dives into QuickBooks Projects and Classes, analyzes property on a profit and loss level, and walks listeners through recording various costs. He also talks about balancing the balance sheet, benefits of tracking by class and customer, and planning for the next financial year and sales strategy.

Real Estate Accounting- Record Security Deposits

In this episode, Nick Baldo explores the complexities of handling security deposits in real estate accounting. He discusses recording purchases, tracking changes, handling non-returnable deposits, and managing interest. He also gives insights on QuickBooks use for these transactions and promotes the QBO mini camp course.

Real Estate Accounting - Quickbooks Setup

In this episode, Nick Baldo explores the use of QuickBooks online for real estate investing and business growth. He discusses challenges in real estate accounting and solutions, mastering journal entries, and the role of cost codes. Also, learn about adding and mapping products/services and a revisit of the fundamentals of scalable QuickBooks setup.

How to Start Over with Quickbooks Online

In this episode, Nick Baldo introduces the Real Estate Accounting Boot Camp course and guides listeners through transitioning to QuickBooks online. He provides a detailed walk-through of setting up QuickBooks for real estate accounting, adding various account types and expense types, and correcting common errors. The episode concludes with establishing a set point in time for moving forward with the new system.

QBO for Real Estate - Cash at Closing Does not Equal Profit

In this episode, Nick Baldo deep-dives into the difference between profit and cash at closing in real estate. He discusses factors affecting this equation, how to account for expenses and renovations, and recording property sales in QuickBooks. He also explores the significance of adjusting for financed deals, understanding balance sheets, and the implications of bank draws. Lastly, he emphasizes the importance of separating cash at closing from profit and introduces a Real Estate Accounting Boot Camp.

3 Bookkeeping Secrets to Scale your Real Estate Investing Business

In this episode, Nick Baldo delves into real estate accounting, discussing the importance of accurate reporting and proactive decision-making. He explores the use of QuickBooks for real estate investing, including managing property accounts and balance sheets. Nick also discusses budgeting, cash flow assessments, and working with multiple business entities.

Quickbooks for Real Estate - Classes vs. Locations

In this episode, Nick Baldo delves into the use of QuickBooks Online for real estate. He discusses location tracking, recording property purchases, and class tracking for multiple properties. Further, he explores the application of location tracking for business entities, analyzes balance sheets, and handles property purchases for different businesses. Finally, he provides an overview of multiple entities within QuickBooks Online subscription feature.

Repair vs. Capital Improvement- How to Track in Quickbooks Online

In this episode, Nick Baldo delves into the intricacies of capital improvements and cost of goods sold in real estate investing. He explains how to log capital improvements in QuickBooks, the role of CapEx, and the capitalization of expenses. Additionally, he discusses project tracking, expense allocation, and how to differentiate expenses using the customer feature in QuickBooks. The episode wraps up with an introduction to the Real Estate Accounting Bootcamp course.

How to Setup Mortgage Escrow in Quickbooks Online

In this episode, Nick Baldo provides a comprehensive guide to understanding and managing escrow accounts in real estate investment. He details the use of QuickBooks Online, breaks down origination fees, closing costs, and escrow, and shares tips on tracking payments and loan balances. Nick also warns listeners about common escrow mistakes and demonstrates how to correct them, as well as how to pay property taxes and record transactions efficiently. He discusses the importance of tracking escrow for an accurate balance sheet and introduces the Real Estate Accounting Boot Camp 3.0.

QB Online for RE Investors - Purchase Property with Cash

In this episode of Income Digs, Nick Baldo simplifies QuickBooks for real estate accounting, explains how to handle property purchases, deposits, and taxes. He also clears misconceptions about closing statements, price allocation between land and buildings, and the impact of transactions on balance sheets. Future topics include financing options and an accounting boot camp.

QB Online for RE Investors - Purchase Property with Financing

In this episode, Nick Baldo delves into cash purchase and settlement charges in QuickBooks, managing property taxes, security deposits, and prorated rent. He also explores private financing, construction escrow, and their impact on conventional mortgages. The episode wraps up with an introduction to Real Estate Accounting Boot Camp.

How to Move Payroll Costs to Cost of Goods Sold (COGS)

In this episode, Nick Baldo discusses the nuances of payroll expenses and cost of goods sold in real estate investing. He explains how to use QuickBooks for payroll, analyze a Profit and Loss statement, and calculate total gross pay. The impact of transactions on cost of goods sold and expenses is also explored. Finally, he introduces the Builder Book Academy course.

How to Super-Power your Building Business with QB Online

In this episode, Nick Baldo discusses using QuickBooks for business growth in real estate. He explains concepts like markup, margin, and gross profit, and the importance of cost codes. Nick also covers tracking project properties and building processes with virtual assistants and bookkeepers. The episode concludes with a Q&A on technology in real estate investing.

How to Master your Cashflow Projection with Google Sheets

In this episode, Nick Baldo discusses how to leverage technology for real estate investment. He covers topics such as using Google Sheets for cash flow projection, utilizing builder trend for invoice management, and tracking expenses with pivot tables. He also introduces the new course, Baldo Book Academy.

Super Simple Guide to Importing Renovation Cost Codes to Quickbooks Online

In this episode, Nick Baldo delves into the use and importance of cost codes for real estate investors and bookkeepers. He provides a guide on importing cost codes into QuickBooks online, tracking expenses, and the analytics possibilities they open up. He also highlights the significance of the Builder Books Academy course.

The Ultimate Amortization Calculator: Step-by-Step Guide for RE Investors

In this episode, Nick Baldo delves into creating a loan amortization schedule using Excel for real estate deal analysis. He covers everything from understanding the present value and monthly payment, to adjusting principal payments based on loan balance. The episode also explores visual representation of loan data and concludes with resources available at Income Digs.

Quickbooks for Contractors- Why You Need to Use Products & Services

In this episode, Nick Baldo explores the significance of QuickBooks' products and services feature for real estate investors. He elaborates on setting up cost codes, managing multiple transactions, and tracking rehab costs. The episode also discusses linking cost codes to builder trends, separating expenses, and exporting data for external reporting.

ClickUp Automations - Super Power your CRM

In this episode, Nick Baldo introduces ClickUp as a CRM tool, discussing its features and how to set up automation. He explores the use of Virtual Assistants in task preparation and delves into advanced automation techniques. The discussion also covers follow-up tasks in CRM, the versatility of CRM in business, and the promotion of the SuperVA course. The episode wraps up with a mention of resources available on incomedigs.com.