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Bookkeeping, Accounting, and Reporting Services Tailored Especially for Real Estate

Bookkeeping
Bookkeeping

A common tale

Once upon a time, you invested in real estate, starting with a single property. You used a spreadsheet to track your revenue and expenses and kept the receipts. Everything’s good and easy to track until you expand the business.

Now you have five properties.

You acquired one through an interest-only loan, one through investor funds, another through hard money loans, and you have a partner in the latest property. With this growth, your spreadsheet can’t keep up, so you opted for the easiest way to measure your profitability- the money in your bank account.

Maybe you hire a bookkeeper during tax season. But then you notice errors slipping through the cracks- a duplex is lumped into one property, expenses are not categorized, so you can't differentiate between regular maintenance and turnover-related repairs, some loans are not paid on time, settlement costs and commissions are not recorded as they’re supposed to be, etc. That’s when you learned the hard truth - you can’t outearn the problem, and you have no idea what your Return-on-Investment (ROI) is.

Which brings us back to the present. You’re surfing the net for a reliable bookkeeper who knows the real estate industry to straighten out your books. 

Your search is over because Brainy has got you covered. Many real estate investors and developers switch to Brainy because of our specialized knowledge in the real estate industry and our flexibility to meet every client’s unique needs.

Brainy was co-founded by an experience Real Estate investor, and we serve several clients with a diverse mix of real estate portfolio strategies, as well as property management firms.

What can we do for your Real Estate Company ?

We Strive

We are experienced in working with clients of all sizes, from just one single family rental to investment firms with a portfolio of buildings and properties spread across several states.

We Strive

Our standard plan inclusions:

  • Profit and Loss
  • Balance Sheet
  • Bank and Credit Card Reconciliation
  • Revenue and Expense Tracking
  • Personalized Chart of Accounts
  • Tax-ready financials

We go above and beyond

In Brainy, we package our reports to best suit your needs, with the option of incorporating advanced custom add-ons including:

We go above and beyond

In Brainy, we package our reports to best suit your needs, with the option of incorporating advanced custom add-ons including:

Property Performance Analysis

Receive the whole nine yards of property performance analytics and adjust rental rate strategies, arming you with data to track your Cash-on-Cash Return and changes in property values.

Property Management Performance

Establish baseline competencies such as maintenance expenditure over time, turnover costs and vacancy costs to promote accountability among your property managers.

Return on Investment (ROI) Tracking

Calculate your business' ROI over time by property, building and unit level, identifying whether you are on track with your short-term and long-term objectives. We can help you, whether you are invested in commercial (office, industrial, retail, restaurant, flex), multi-units, or single family rentals.

Re-evaluate

Strategize your fund allocation based on reliable projections. Get equipped with information to feel secure about your business’ future.

Asset and Portfolio Management

Reevaluate your portfolio performance regularly to ensure that your mix of investments still aligns with your key financial goals and matches your risk appetite.

Property-level modified P&L

Take your regular P&L statement to the next level through the modified version where you can zoom in and analyze data by individual unit, building, and across an entire portfolio.

Corporate-level comprehensive bookkeeping

Oversee the financial nooks and crannies of your company in an easily understandable high-level summary report.

We Strive

Our seasoned bookkeepers are all licensed CPAs, guided by team leaders with years of training from Big Four accounting firms, international banks, and Fortune 500 Companies.

Lagging behind on your books? We're more than happy to help you with our Catch Up Bookkeeping services with 20% off our typical monthly rates.

Our unparalleled value-to-price ratio is what our loyal clients love about us. Our bookkeeping rates start at only $125/mo per month for Micro clients with small transaction counts - a plan leve many Real Estate investment clients fall under.

Try our Free 1 Month Trial and see the difference for yourself.

Try our Free 1 Month Trial and see the difference for yourself.

We Strive