Accounting 101

The Future of Real Estate Bookkeeping: Automation and AI

Bookkeeping for real estate is arguably one of the most important aspects of running a successful real estate business. Careful and accurate tracking of all income, expenses, assets, liabilities, and other financial transactions provides invaluable insight into the true profitability and financial health of rental properties, development projects, and other real estate ventures. However, when done manually using spreadsheets or paper-based ledgers, real estate bookkeeping can become an extremely tedious, time-consuming, and error-prone process.



January 19, 2024