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Property Accounting 101: Intro

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Accounting is a daunting task for any business owner, even if you have some accounting experience.

Add to that property accounting’s unique elements and you’re faced with a tough job that only gets tougher.

At DoorLoop, we often get approached by landlords whose accounting is in shambles and they don’t know where to start.

Whether that sounds like you or you’re a seasoned investor or property manager interested in simply improving your accounting skills, this is your hub for everything property accounting.

In this first section, we’ll start from the top by establishing sound principles for good accounting.

You’ll learn:

Key accounting terms you need to know
Metrics every landlord should track
Rental property income formulas to learn
Property accounting best practices
And property accounting mistakes to avoid

Ready to improve your property accounting?

Written by:

David Bitton brings over two decades of experience as a real estate investor and co-founder at DoorLoop. A former Forbes Technology Council member, legal CLE & TEDx speaker, he's a best-selling author and thought leader with mentions in Fortune, Insider, Forbes, HubSpot, and Nasdaq. A devoted family man, he enjoys life in South Florida with his wife and three children.

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Accounting 101: Intro

25 Accounting Terms to Know

11 Accounting Metrics to Track

8 Income Formulas to Learn

Property Accounting Best Practices

Property Accounting Mistakes

Property Accounting 101: Getting Started

Learn how to buy your first or fiftieth rental property, including how to find properties, the purchase process, financing, and more.

Rehabbing your property

Learn how to rehabilitate a rental property, what renovations and upgrades to invest in first, and how to find and pick contractors.

Renting your property

Learn how to start your rental off with a bang, including marketing the property, finding tenants, renting, & more.

Refinancing your property

Learn how to refinance your property, manage security deposits, simplify property accounting, and more.

Repeat the process & grow

Learn how to streamline your property management, repeat the process, and grow your portfolio.

How to Launch and Manage Your Property Management Business

Learn how to launch your property management business, including how to set up your company documentation, put together a business plan, do competitor research, set up your accounting, and more.

How to Attract and Manage Clients

Learn how to attract and manage investors, including how to market your property management business, implement your marketing plan, onboard new investors, and keep your client investors happy.

How to Create a Top-Tier Resident Experience

Learn how to create an amazing resident experience as well as streamline your tenant onboarding process, welcome new tenants effectively, maximize tenant retention, going above and beyond, and more.

How to Manage Your Properties

Learn how to manage your client’s properties from start to finish, including how to advertise your investor’s rental properties, collect rent, set up an effective maintenance program, and more.

How to Expand Your Services and Maximize Cash Flow

What additional services should you offer? And what initiatives can you implement to increase revenue and maximize profitability? In this guide, you’ll learn all of that and more.

Property Accounting 101: Getting Started

Learn the basics of good property accounting, from important terms, metrics, and formulas to best practices and mistakes to avoid.

Choosing a Property Accounting Tool

Learn everything you need to know about choosing the right accounting tool, from spreadsheets to software.

How to Set Up Your Property Accounting System

Learn how to set up your property accounting system start-to-finish, from rent collection to bookkeeping tips and more.

How to Use Accounting Reports to Take Control of Your Business

Learn how accounting reports drive your business’s success, from setting up your monthly accounting cycle to annual reviews.

How to Manage Your Taxes and Stay Compliant

Learn everything you need to know about managing your taxes, from rental income tax tips to ways to reduce your tax burden.

Serious about property management?

Save more time. Manage more units. Unlock more growth. Request a demo and see if it's the right fit.

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