9 Best Real Estate Accounting Software 2026 July 30, 2020 – Posted in: Bookkeeping

best bookkeeping software for real estate investors

From industry trends to practical tools, these featured resources are here to support your growth and streamline your operations. ELI personalizes every interaction through data contextualization made possible through an integrated data layer and cutting-edge AI models. On site teams have found real value in these custom interactions, showing a significant increase in efficiency.

best bookkeeping software for real estate investors

Tenant and Lease Lifecycle Management

Small to medium-sized landlords and independent property managers needing cost-effective accounting integrated with basic tenant management. Landlords and real estate bookkeeping small property investors prioritizing professional accounting over comprehensive property management. All-in-one rental management platform with advanced accounting automation for bookkeeping, payments, and profitability analysis. Buildium helps you manage leasing, accounting, maintenance, and communication in one place. With online payments, automated leasing, and strong reporting, you stay focused on growing your portfolio.

PropStream: Deal analysis and sourcing

best bookkeeping software for real estate investors

QuickBooks Online manages accounting, https://www.austindailyherald.com/sponsored-content/why-real-estate-bookkeeping-is-critical-for-your-business-9247e950 invoicing, and financial statements adaptable for real estate investor portfolios. Roofi automates real estate accounting with AI-powered categorization, investor distributions, and financial reporting. Baselane combines rental property banking, rent collection, bookkeeping, and reporting in one landlord-focused platform. Learn how managers automate billing, track utilities, manage payments, and streamline tenant charges. Get professional real estate accounting software and take the stress out of tax season with Landlord Studio today.

  • Users benefit from tax-ready reports, investor-grade analytics, and integrations with tools like QuickBooks.
  • Expanded industry specialization, geographic reach and private equity investment position the firm for long-term growth and innovation.
  • The software excels in reporting capabilities, allowing users to create customizable reports that offer insights into income statements, balance sheets, and cash flow.
  • Professional real estate investors, analysts, and institutions managing sizable portfolios who need precise data-driven forecasts.
  • It offers tools for online rent collection, expense tracking, bank reconciliation, financial statements, and tax reporting including 1099s and profit/loss reports.

How To List a Property Guide

best bookkeeping software for real estate investors

NetSuite works best for real estate companies where the financial complexity (multi-entity, fund accounting, investor reporting) is the primary driver rather than operational property management. Xero provides an affordable solution for real estate businesses looking to enhance their accounting practices while maintaining the flexibility of cloud-based technology. One of Baselane’s standout features is its seamless rent collection system, which allows landlords to collect payments through ACH or card and get paid within 2-5 days.

  • Starts at $59/month (Essential plan for up to 10 units); Pro at $119/month (50 units); Enterprise custom pricing.
  • Small to mid-sized real estate investment firms managing residential portfolios who need an intuitive all-in-one property and investment operations platform.
  • You can manage multiple properties, follow up with leads automatically, and customize workflows to match how you actually work.
  • It offers a full general ledger, bank reconciliation, and customizable reports like profit/loss statements and tax forms (e.g., Schedule E).
  • The software supports scalability for growing portfolios while providing real-time financial insights and compliance tools.
  • Additionally, it offers invaluable analytics tools that yield critical insights, enhancing your grasp of your rental business’s performance.

Buildium: Best for property managers and landlords

best bookkeeping software for real estate investors

Yes, there is free real estate business accounting software available for landlords and property managers. While these options may have basic accounting features compared to their paid counterparts, they still provide essential functionalities for managing finances and tracking income and expenses. REI Hub is professional accounting software built for rental property owners to streamline rental bookkeeping and financial reporting. RealData offers Excel-based software tools tailored for real estate investors to generate detailed financial statements, pro formas, and investment analyses for various property types like apartments, retail, and offices.