Shows
Income DigsQuickBooks for Property Management - Tenants and OwnersIn 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.
End-to-End Accounting Course: https://www.incomedigs.com/reab (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs.com/chart-of-accounts
Website: http://www.incomedigs.com
Streamline property management tasks using QuickBooks Online
(0:00) Introduction to QuickBooks online for property management
(1:02) Overview of the property management workflow within...2024-01-2722 minIncome DigsReal 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.
End-to-End Accounting Course: https://www.incomedigs.com/reab (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs.com/chart-of-accounts
Website: http://www.incomedigs.com
Watch Part 1: https://www.youtube.com/watch?v=aRL1...2023-12-2321 minIncome DigsReal 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.
End-to-End Accounting Course: https://www.incomedigs.com/reab (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs...2023-12-1629 minIncome DigsReal Estate Accounting- Record Security DepositsIn 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: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs.com/chart-of-accounts
Official Website: http://www.incomedigs.com
Properly track your tenants...2023-11-2421 minIncome DigsReal Estate Accounting - Quickbooks SetupIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs.com/chart-of-accounts
2-Dimensional Chart of...2023-11-1821 minIncome DigsHow to Start Over with Quickbooks OnlineIn 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.
End-to-End QB Training: https://www.incomedigs.com/reab
Free QBO MiniCamp: https://bit.ly/3uNlesQ
My students always ask: "What do I do w/ my old data? I want to start fresh w/ QBO...but...2023-11-1026 minIncome DigsQBO for Real Estate - Cash at Closing Does not Equal ProfitIn 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.
End to End QBO Training: www.incomedigs.com/reab
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Your cash at closing will...2023-11-0420 minIncome Digs3 Bookkeeping Secrets to Scale your Real Estate Investing BusinessIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Free QBO MiniCamp: https://bit.ly/3uNlesQ
Free Download: https://www.incomedigs.com/chart-of-accounts
Official Website: http://www.incomedigs.com
...2023-10-2335 minIncome DigsQuickbooks for Real Estate - Classes vs. LocationsIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
https://www.incomedigs.com/reab
1 Subscription, multiple entities: https://www.youtube.com/watch?v=u8ml1QxvOF0&t=1s
Free QBO MiniCamp...2023-10-1414 minIncome DigsRepair vs. Capital Improvement- How to Track in Quickbooks OnlineIn 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.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our...2023-10-0620 minIncome DigsHow to Setup Mortgage Escrow in Quickbooks OnlineIn 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.
End to End RE Accounting Training: https://www.incomedigs.com...2023-09-2920 minIncome DigsQB Online for RE Investors - Purchase Property with CashIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End to End RE Accounting Training: https://www.incomedigs.com/reab (CODE YOUTUBE50)
Let's get back to basics with a quick-hitting demonstration on how to record the purchase or property...2023-09-1620 minIncome DigsQB Online for RE Investors - Purchase Property with FinancingIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End to End RE Accounting Training: https://www.incomedigs.com/reab (Code YOUTUBE50)
Check out Part 1 here: https://www.youtube.com/watch?v=mA5CJH8tRbEFollowing up on the Cash purchase, this video demonstrates...2023-09-1520 minIncome DigsHow 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.
By default, QBO will categorize all your payroll costs as Expenses. But what about the labor that we sell to our customers? We should be accounting for that as Cost of Goods Sold. Check out my super quick...2023-08-2607 minIncome DigsHow to Super-Power your Building Business with QB OnlineIn 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.
QBO Training for Building/ Renovating Businesses: https://www.incomedigs.com/bba code (YOUTUBE50) for $50 off
QBO is not just for Taxes! Use it to super-power your business! This video will demonstrate:
The difference between Markup and Margin (and why most...2023-08-1238 minIncome DigsHow to Master your Cashflow Projection with Google SheetsIn 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.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Forecast and analyze your cashflow with this simple but powerful Cashflow Forecast template. Download the free template here: https://www.incomedigs.com/cashflowtemplate
Enroll to Real Estate Accounting Bootcamp: http...2023-07-0225 minIncome DigsSuper Simple Guide to Importing Renovation Cost Codes to Quickbooks OnlineIn 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.
Save a ton of time by importing your Cost Codes into Quickbooks Online. If you are in the building industry (flipping, renovating, building), you need to track expenses by Cost Codes. Check out my super easy demo on how to get these codes into QBO QUICK! Download here...2023-06-2415 minIncome DigsThe Ultimate Amortization Calculator: Step-by-Step Guide for RE InvestorsIn 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.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
Real Estate loans always come with an amortization calculator. This video dissects the calculator as I show you step-by-step how to create and customize a loan amortization schedule in...2023-06-1732 minIncome DigsQuickbooks for Contractors- Why You Need to Use Products & ServicesIn 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.
Join the Waitlist for Builder Books Academy: https://www.incomedigs.com/bba-wait-list
Enroll to Super VA: https://www.incomedigs.com/sva
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Download our guide: https://www.incomedigs.com/qbosetupguide
One of the...2023-05-2017 minIncome DigsClickUp Automations - Super Power your CRMIn 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.
Enroll to Super VA: https://www.incomedigs.com/sva
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Download our guide: https://www...2023-04-2219 minIncome DigsHow to Use ClickUp Templates to Automate your SOPsIn this episode, Nick Baldo discusses the importance of SOPs, the use of ClickUp, and the role of virtual assistants in real estate investment. He delves into process flows, tenant onboarding, task management, and team collaboration. The power of templatizing work processes is explored, along with the introduction to the SuperVA course, and leveraging virtual assistants for business growth.
Enroll to Super VA: https://www.incomedigs.com/sva
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Download our guide: https://www.incomedigs.com/qbosetupguide
Take your SOPs to the next...2023-04-0817 minIncome DigsQuickbooks for Real Estate - Why your Balance Sheet is OffIn this episode, Nick Baldo delves into managing real estate accounting using QuickBooks. He covers adding properties to the balance sheet, recording loan payments, and understanding class display issues. He also discusses the use of journal entries, tracking fixed assets, and handling the "not specified" category in QuickBooks.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
https://www.incomedigs.com/reab
1 Subscription, multiple entities: Quickbooks Online: Hhttps://www.youtube.com/watch?v=u8ml1QxvOF0&t=1s
Free QBO MiniCamp: https://bit.ly/3uNlesQ
You should not be using Locations to track property-specific...2023-03-1513 minIncome DigsQuickbooks Tutorial - Adding Accounts in QBO's New InterfaceIn this episode, Nick Baldo discusses the latest QuickBooks online interface update, demonstrating how to create accounts and differentiate between sub accounts and new accounts. He also addresses common questions about account creation, explores the preview feature, and highlights resources available at incomedigs.com.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
Quickbooks Online is always making changes. For better or for...2022-09-1505 minIncome DigsRecord the Sale of Real Estate in Quickbooks OnlineIn this episode, Nick Baldo delves into the complexities of real estate accounting. He discusses property sales, using QuickBooks, recording revenue, handling mortgage payoff, and categorizing expenses. He wraps up with key takeaways and a Q & A session.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
I just sold a rental property! Watch me properly record the sale in QB Online.
(0:00...2022-07-0822 minIncome DigsHow to Estimate Rehab Costs for Flips and RenovationsIn this episode, Nick Baldo introduces a comprehensive tool for estimating rehab costs in real estate investment. He discusses the importance of cost codes and provides a detailed tutorial on building out the scope of work. The episode also covers allowances in remodeling, building a catalog for the tool, labor calculations, and the use of Google Sheets for real-time updates. Finally, there's an introduction to the Real Estate Accounting Boot Camp.
Link to download Free Rehab Estimator: https://bit.ly/IDrehabestimator
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End...2022-03-0430 minIncome DigsDynamic Real Estate Reporting in Google SheetsIn this episode, Nick Baldo provides a comprehensive tutorial on the use of pivot tables and Google Sheets. He shares how to customize dashboards, create charts, and simplify data for clearer visualization. He also addresses how to handle blank fields and import data from QuickBooks online. The episode concludes with a Q&A invitation.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
...2022-02-1824 min
Income DigsHow to use Quickbooks Online Bank FeedsIn this episode, Nick Baldo dives deep into the world of QuickBooks for real estate investors. He explains the difference between bank balance and QuickBooks balance, how to link multiple accounts, and manage transactions within the bank feed. He also discusses using journal entries for property transactions, managing cash flow with bills, and the intricacies of categorizing vs matching.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www...2022-02-1129 minIncome DigsHow to Record Mortgage Payments in Quickbooks OnlineIn this episode, Nick Baldo delves into managing mortgage payments using QuickBooks Online. He explains property-level balance sheets, handling changes in monthly payments, and using banking feeds for transactions. He discusses automation of bookkeeping, avoiding double counting, and accurate loan balance adjustments. Finally, he introduces resources for tracking mortgage payments and invites listeners to the Real Estate Accounting Bootcamp 2.0.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www...2021-11-1216 minIncome DigsHow to Deal with Owner Investment and Spending in Quickbooks OnlineIn this episode, Nick Baldo delves into the complexities of owner's equity and personal funds in business expenses. He guides listeners through adjusting equity accounts, splitting investment, and using banking feeds. He offers insights into correcting recording errors, tax prep, and understanding equity accounts. The discussion wraps up with an introduction to the Real Estate Accounting Bootcamp.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com...2021-11-0518 minIncome DigsQuickbooks for Real Estate: Don't Make this MistakeIn this episode, Nick Baldo explores QuickBooks online for real estate, including how to set up and add new properties. He discusses the limitations of a one-dimensional chart of accounts and the benefits of transitioning to a two-dimensional chart. Nick also explains how to simplify your profit and loss account, the ideal number of accounts in QuickBooks online, and the role of fixed assets. The episode wraps up with an introduction to the Real Estate Account and Boot Camp and where to find free resources.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0...2021-07-0218 minIncome DigsQuickbooks Online- Transferring Funds between EntitiesIn this episode, Nick Baldo dives into managing multiple business entities in QuickBooks. He discusses the benefits of unified management, the downsides of the transfer function, and how to utilize journal entries for intercompany transactions. He also covers balance sheet adjustments, setting up intercompany loan accounts, and common challenges faced. The episode concludes with a word from our sponsor, Real Estate Accounting Boot Camp.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
...2021-06-0911 minIncome DigsHow to Buy, Develop and Sell Vacant Land in Quickbooks OnlineIn this episode, Nick Baldo delves into the financial aspects of real estate investing. He guides listeners on setting up balance sheets for land purchases and construction costs, tracking costs in QuickBooks, and recording construction draws. He further discusses transferring costs, evaluating fixed assets, paying off loans, and recording closing costs. Finally, he explores using a project portal for comprehensive financial tracking and comparison of balance sheet styles.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https...2021-03-0525 minIncome DigsPodio Best Practice - Importing to Update ItemsIn this episode, Nick Baldo discusses how to leverage Podio's unique ID stamping for efficient real estate investment management. He delves into importing items, status field handling, and integrating GlobiFlow for automation. Nick also discusses Podio's restrictions and prepares listeners for a second import, concluding with an invitation for audience engagement.
End to End Podio Training: https://www.incomedigs.com/pcc
Link to Momentum Tools: https://bit.ly/IDformtool
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
...2021-02-1712 minIncome DigsSuper-Power your Data with Google Sheets (and STOP using MS Excel!)In this episode, Nick Baldo explores the functionality of Google Sheets for real estate investors. He guides listeners on how to extract data from QuickBooks Online, create dynamic dashboards using pivot tables and slicers, and incorporate charts for visual data representation. Discussing the benefits of these dashboards and how to manage projects effectively, Nick wraps up by highlighting some valuable resources at incomedigs.com.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
...2021-02-1509 minIncome DigsHow to Integrate Buildertrend with Quickbooks OnlineIn this episode, Nick Baldo delves into the integration of Baldo trend and QuickBooks, discussing the setup of products and services, and tracking projects and expenses. He guides listeners through linking the two systems, the benefits of synchronization, tax preparation, cost tracking, and adjusting employee costs. The episode concludes with an introduction to bills and purchase orders, and a tutorial on linking projects and products.
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our Loan Repayment Calculator here: http://bit.ly/2QNV6b8
Check out our Podio Templates: https://www.incomedigs.com/get-podio-templates
Download our guide...2020-12-1818 minIncome DigsHow to Analyze Rehab ProjectsIn this episode, Nick Baldo delves into the utilization of an analysis tool for property investment. He discusses customizing property details, projecting costs, estimating sales price, and analyzing rehab costs. Furthermore, he talks about financing, debt service, profit summaries, budgeting for rehab costs, and negotiating loan aspects. Finally, he introduces resources on Incomedigs.com and the Real Estate Accounting Boot Camp.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
Download the Rehab Analyzer here: https://www.incomedigs.com/rehab-property-analyzer
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code...2020-08-2818 minIncome DigsHow to Set Up a Project Schedule in BuildertrendIn this episode, Nick Baldo introduces BuilderTrend, a powerful tool for real estate project management. He delves into creating and managing schedules, using predecessors, and correcting dependency relationships. The episode also covers task assignment, team management, and linking invoices to the project schedule. Finally, he explores BuilderTrend's application in various real estate projects and previews upcoming resources.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
Download our Loan Repayment Calculator here: http://bit.ly/2QNV6b8
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll to Real Estate Accounting Bootcamp: http...2020-08-0718 minIncome DigsSaving time with Reconciling Journal EntriesIn this episode, Nick Baldo offers a tutorial on QuickBooks, focusing on the journal entry technique and its various applications. He discusses transitioning from customer to class tracking, evaluates the effects on profit and loss reports, and presents a case study on capital improvements tracking. The episode concludes with the benefits of this method.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
...2020-08-0413 minIncome DigsHow to Edit Existing Podio Items with Momentum Dynamic Forms!In this episode, Nick Baldo introduces and explores Momentum Dynamic Forms, a tool that enhances Podio's user interface. He guides listeners on how to customize forms, create a manual flow, and define form variables. He also discusses potential uses outside of Podio, and concludes with a form link simplification and testing.
End to End Podio Training: https://www.incomedigs.com/pcc
Link to Momentum Tools: https://bit.ly/IDformtool
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
...2020-06-1216 minIncome DigsPodio Hack - Pre-populating Web Forms with Related Field DataIn this episode, Nick Baldo delves into advanced Podio techniques, including the creation of appointments and hyperlinked web forms within a deal on Podio. He discusses the pros and cons of these methods, how to use Globy flow for populating item IDs, and the utility of markdown tables in Podio. The episode winds down with an overview of the upcoming Podio crash course for businesses.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https...2020-06-0515 minIncome DigsPodio Summary Tables- Display Related App InfoIn this episode, Nick Baldo introduces PONIO's advanced functionalities and explains how to use calculation fields in real estate apps. He guides listeners through building a markdown table, defining property values, hyperlinking to properties, and enhancing the Podio user interface. The episode concludes with a Podio crash course.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://www.incomedigs.com/get-podio-..
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
Podio apps can get long...with seemingly endless scrolling. One solution...2020-05-2217 minIncome DigsPodio Navigation - How to Use Hyperlinks to Jump Between AppsIn this episode, Nick Baldo dives deep into the advanced usage of Podio. He discusses building and relating apps, automation with GlobiFlow, creating a navigation system, and enhancing user interfaces. He also explains navigating through appointments, inspections, and estimates, utilizing variables, and building tabbed navigation systems.
Code: https://bit.ly/podiocode
End to End Podio Training: https://www.incomedigs.com/pcc
Podio’s user interface can be a major limitation. Apps with a high amount of data can lead to endless scrolling/ getting lost while navigating between app relationships. In this video, I demonstrate how to automatically li...2020-05-1423 minIncome DigsSyncing with Quickbooks Online- Collecting Rent with StripeIn this episode, Nick Baldo explores the problem in the real estate industry and introduces Stripe and QuickBooks as a technology solution. He provides a detailed explanation of the payment process, demonstrates AutoSync usage, and discusses tenant management. He examines Stripe's role in rent collection, gives an example of tenant invoicing, and delves into transaction logging and payment submission. The episode concludes with a review of the benefits of Stripe and AutoSync, as well as a look at reporting and analytics features. The show is sponsored by Real Estate Accounting Boot Camp.
Enroll to Real Estate Accounting Bootcamp: http...2020-05-0114 minIncome DigsSeller Financing- How to account for Notes Receivable in Quickbooks OnlineIn this episode, Nick Baldo delves into seller financing, discussing its benefits and how to account for it. He offers a thorough review of a previous flip project, details on preparing property for sale, and advice on dealing with realized gains. Listeners will also learn to finalize transactions and conduct post-sale reviews.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
Seller Financing...2020-04-2414 minIncome DigsHow to Transfer Property Ownership in Quickbooks OnlineIn this episode, Nick Baldo delves into the intricacies of property purchase, renovation, and finance recording. He explains how to shift renovation costs and handle lender reimbursement, introduces key accounting principles, and guides listeners through correcting balance sheet mistakes. The episode concludes with a post-correction balance sheet review and an invitation for listener queries.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https...2020-04-0920 minIncome DigsHow to Setup Quickbooks Online for Flipping HousesIn this episode, Nick Baldo explores the use of QuickBooks Online for property flipping. He guides listeners on setting up a project, adding transactions, detailing rehab costs, and categorizing holding costs. He also discusses accounting for debt service, analyzing income, cost of goods sold, and net profit, and comparing projected and actual profits.
https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Super Power your Virtual Assistant: https://www.incomedigs.com/sva-waitlist
End-to-End Podio Training: https://www.incomedigs.com/pcc
Check...2020-03-2025 minIncome DigsReal Estate Investing Analytics - Superpower your QBO Data...and so much more!In this episode, Nick Baldo and Jeri Frank delve into the functionalities of Stratafolio, including its role in managing true cash flow and loans. They discuss the importance of customer feedback in product development, lease management, and how Stratafolio aids in making proactive decisions about repairs. The episode ends with understanding your investment portfolio with Stratafolio and its endorsement by Nick Baldo.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
Check out Stratafolio at https://stratafolio.com/
Real-time, accurate data is essential to making pro-active decisions for your real estate...2020-03-0659 minIncome DigsQuickbooks for Real Estate - Dealing with Unapplied Cash PaymentsIn this episode, Nick Baldo dives into the complexities of unapplied cash payments and QuickBooks. He explains the intricacies of accrual-based accounting and how to manage profit and loss sheets. He discusses adjustment strategies, unravels unapplied cash income and expense, and provides tips on annotating profit and loss sheets. He also explores an alternative approach to dealing with unapplied cash payments and guides listeners on the allocation of expenses among properties. The episode wraps up with a promotion of the Real Estate Accounting Boot Camp.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50...2020-02-2815 minIncome DigsHow to Add Tax Write Offs into Quickbooks- Dealing with Intercompany ComminglingIn this episode, Nick Baldo explores managing personal expenses and multiple business transactions in QuickBooks. He discusses strategies for handling intercompany loans and balancing assets, liabilities, and equity per company. Nick also shares methods to limit transactional errors and reinforce correct accounting practices in real estate investing.
Flipping: https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our...2020-02-2117 minIncome DigsHow to Enter Deposits from Property Managers using Quickbooks OnlineIn this episode, Nick Baldo discusses managing rent and expenses, using two properties as an example. He highlights common mistakes in recording revenue and expenses, correct transaction recording methods, and the significance of the Profit and Loss sheet. He introduces recurring transactions and the use of templates for them, and shares how to handle negative balances effectively. The episode concludes with the importance of line items for P&L reporting.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio...2020-02-1412 minIncome DigsGlobiflow 101- Triggers & Basic AutomationsIn this episode, Nick Baldo discusses the importance of using Globy flow with Podio for real estate investors and bookkeepers. He guides listeners in creating a new app, refreshing Globy flow, creating a flow with triggers, and assigning tasks. He differentiates between item creation and update, introduces hook events, and highlights the advantages of manual flows. Nick concludes by inviting audience queries and mentions a project management template available at incondix.com.
Podio Crash Course: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll to Real Estate Accounting Bootcamp: http://bit.ly...2020-01-3117 minIncome DigsHow to use Zapier to Create a Google Doc from Data Stored in PodioIn this episode, Nick Baldo discusses the crucial role of automating document creation in real estate investing. He provides a step-by-step tutorial on generating documents from Podio as a Google Doc, using Zapier for automation, and managing storage via Google Drive. Listeners will also learn how to format date fields, adjust sharing preferences, and manage documents directly in Podio.
End to End Podio Training: https://www.incomedigs.com/pcc
Download our Loan Repayment Calculator here: http://bit.ly/2QNV6b8
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll to Real Estate Accounting Bootcamp: http://bit.ly...2020-01-2423 minIncome DigsIncome Digs' Loan Repayment CalculatorIn this episode, Nick Baldo introduces a unique loan repayment tool for real estate investors. He explains how to input personal and loan details, organize repayment strategies, and utilize the snapshot feature. Additionally, Nick provides a deep insight into the payment schedule, payoff chart, goal seek feature, and the process of downloading the tool.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
...2020-01-1713 minIncome DigsPodio for Project Management- How to Create a Markdown TableIn this episode, Nick Baldo discusses how to leverage Balanced Way and Markdown Tables for efficient project management. He demonstrates the creation of a real-time tasks table, explains the role of variables, and shows how to display data using a loop. He also explores the challenges of app-based tasks management and provides strategies for staying on track. The episode concludes with final thoughts on these techniques.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://www.incomedigs.com/get-podio-...
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide...2020-01-0916 minIncome DigsHow to record a ''BRRR'' Investment In QuickBooks Online! (Buy, Rehab, Refinance, Rent)In this episode, Nick Baldo guides listeners through the process of managing rental properties in QuickBooks, from creating journal entries for property purchases to handling closing expenses. He delves into the role of balance sheets, the importance of categorizing transactions, and the impact on the balance sheet. The episode also explores securing hard money loans, tracking renovation expenses, and the process of refinancing. Plus, learn about the role of a CPA in property dealings.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
Download our guide: https://www.incomedigs.com/qbosetupguide
...2020-01-0621 minIncome DigsHow to Use Open Balance EquityIn this episode, Nick Baldo offers a comprehensive guide on using QuickBooks for real estate investors. He discusses recording property purchases, aligning balance sheets with tax returns, and adjusting account balances for accuracy. He also highlights the importance of QuickBooks for business scaling and introduces the Real Estate Accounting Boot Camp.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
Congratulations! You've finally...2020-01-0216 minIncome DigsHow to Setup Advanced Loan Amortization Schedule in Google Sheets (or Excel)In this episode, Nick Baldo breaks down the concept of amortization schedules. He guides listeners through setting up and formatting a spreadsheet, calculating payments, and creating an amortization schedule. He also discusses handling negative loan balances, calculating payoff periods, and the impact of additional payments. The episode concludes with error handling tips and additional resources.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
Advanced...2019-11-0922 minIncome Digs[ENROLL NOW] End to End Quickbooks Online Training for Real Estate InvestorsIn this episode, Nick Baldo announces a Real Estate Accounting Boot Camp, provides a master class on QuickBooks Online for real estate investing, and discusses its benefits. He explores how to scale a real estate business using QuickBooks Online, manage accounting books, and handle daily numbers and year-end tax prep. The episode concludes with special offers for course participants.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Gain the skills and strategies to make Quickbooks Online a powerful tool that empowers you to scale your Real Estate Business. Join me as I take you from...2019-09-1501 minIncome DigsHow to Export Quickbooks Online Rehab Data for Super Powerful ReportingIn this episode, Nick Baldo discusses the real estate accounting boot camp course, emphasizing the importance of QuickBooks for data organization and reporting. He explains how to import data from QuickBooks to an external reporting template and apply it to renovation business and rehab costs. He concludes with details on the upcoming course launch.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
...2019-09-1316 minIncome DigsSetting Up and Applying Automatic Late Fees on Quickbooks OnlineIn this episode, Nick Baldo introduces QuickBooks online and its latest feature for rental businesses. He provides a detailed guide on managing and adding late fees on invoices in QuickBooks, explains account settings, and previews the beta version of the late fees feature. Nick walks through how to set up a flat fee and frequency for late fees, ensuring legal compliance. He also explains how to check late fee applications and the manual charging process, and how to configure grace periods for late fees. The episode concludes with a review of the benefits of automatic late fee additions for landlords...2019-08-2908 minIncome DigsHow to use Quickbooks Online Projects to Manage Renovation ExpensesIn this episode, Nick Baldo delves into the intricacies of QuickBooks Online's Project Tracking feature. He discusses project creation, cost logging, and employee management. Additionally, he explores time management, invoicing, and report accessing. Finally, he covers the transition from class to customer tracking.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
"Projects" is a relatively new QBO feature. It serves as an...2019-08-2314 minIncome DigsQuickbooks for Real Estate Investors- Classes Vs. CustomersIn this episode, Nick Baldo explores the nuances of QuickBooks for real estate investors. He guides listeners on setting up invoices, customizing profit & loss reports, and using projects and class tracking. He also delves into the benefits of classes and understanding usage limits in QuickBooks.
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Super Power your Virtual Assistant: https://www.incomedigs.com/sva-waitlist
End-to-End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
It's time to...2019-08-1611 minIncome DigsQuickbooks Online for Real Estate Investors- Setting Up RehabIn this episode, Nick Baldo discusses how to set up a house flipping project in QuickBooks. He explains how to track project income, costs, and rehab expenses. He also dives into the detailed tracking of these expenses using products and services, and how to view these details in QuickBooks. The episode concludes with resources available at incomedigs.com.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs...2019-08-0915 minIncome DigsQuickbooks Online for Real Estate Investors- Translate an HUD to QBOIn this episode, Nick Baldo delves into real estate accounting, offering a comprehensive QuickBooks tutorial. He explains fixed asset accounts, property closing journal entries, managing property tax credits, and understanding finance charges. Further, he discusses how to add expenses, tag them to a property, record total property value, and handle complex HUD recording scenarios. The episode concludes with additional resources on incomedigs.com.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download...2019-07-2518 minIncome DigsQuickbooks Online for Real Estate Investors- Accepting Payments from TenantsIn this episode, Nick Baldo discusses managing invoices in QuickBooks, recording payments, and handling unreconciled deposits. He demonstrates how to handle online payments via ACH and check payments. He also explores how to match deposited money with banking transactions, batch deposits, and the benefits of connecting checking and credit card accounts. The episode concludes with an invitation for audience feedback and references to Income Digs resources.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3...2019-07-1911 minIncome DigsQuickbooks Online- How to Manage Multiple Businesses within one SubscriptionIn this episode, Nick Baldo introduces an advanced QuickBooks technique for managing multiple businesses. Topics include discussion with tax professionals, enabling location tracking, assigning expenses, generating reports, and the importance of consistent categorization. He also covers maintaining a balance sheet, branding considerations, and offers advice for using this technique.
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Free Download: https://www.incomedigs.com/chart-of-accounts
Visit our Official Website: http://www.incomedigs.com
One of the major frustrations associated with Quickbooks Online is the inability to handle multiple businesses. Technically, you would need...2019-06-2012 minIncome DigsQuickbooks Online- Construction Loans and BudgetIn this episode, Nick Baldo offers insights on managing real estate investments using QuickBooks. He discusses handling draws and budgeting, differentiating projects, logging property purchases, and dealing with liabilities. Further, he explores managing property improvement loans, creating assets, bank reimbursement, and the importance of a chart of accounts. Lastly, he delves into using the budgeting feature for rental properties.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
racking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
End to End Podio Training...2019-04-1215 minIncome DigsPodio App-Based Tasks and ChecklistsIn this episode, Nick Baldo delves into advanced Podio techniques, comparing app-based tasks with native tasks. He explains the usage of checklists in Podio, triggering a flow in GlobiFlow, and the process for creating new checklist and task templates. He also demonstrates initiating a flow from a new vacancy in Podio and explores the power of app-based tasks. The episode concludes with future plans for the video series.
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
So...2019-04-0513 minIncome DigsPodio for Property Management TemplateIn this episode, Nick Baldo introduces listeners to Property Management Workspace in Podeo. He dives into understanding system relationships, properties, and entities, and explores built-in features like Rent Roll Report and leases. Nick also covers system enhancements, document management, lease management, tenant communication, system scalability, and financial management. He concludes with final thoughts and purchasing information.
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Get the template here: http://bit.ly/podiopropertymgmt
Automate your Real Estate Business
Get the Podio for Property Management Workspace...2019-03-2224 minIncome DigsHow to Integrate Quickbooks Online with Podio - Using ZapierIn this episode, Nick Baldo discusses the use of Podio for property management, integrating accounting with QuickBooks, and utilizing Zapier for app integration. He explains the process of creating invoices in QuickBooks via Zapier, updating Podio with invoice details, and reporting unpaid invoices. The episode concludes with a preview on tenant portal management.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End to End Podio Training: https://www.incomedigs.com/pcc
Free Download: https://www.incomedigs.com/qbosetupguide
Quickbooks Online is an amazing tool for tracking the financials of your Property Management...2019-03-0718 minIncome DigsHow to Manage Tenant Accounts Receivable in Quickbooks OnlineIn this episode, Nick Baldo delves into using QuickBooks Online for rental property management. He explores its dashboard, managing invoices, and cash flow analysis. Nick discusses accrual versus cash accounting, handling security deposits, and how to integrate QuickBooks with Podio for enhanced management and automation.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
Perhaps the most crucial role of any property manager...2019-03-0115 minIncome DigsHow to Setup Your Quickbooks Chart of Accounts for Rental PropertiesIn this episode, Nick Baldo delves into the use of QuickBooks online for managing rental property. He guides listeners through creating recurring invoices, aligning chart of accounts with IRS categories, profit and loss management, and class-based expense tracking. The episode wraps up with a discussion on property-specific reporting capabilities and a call for viewer engagement.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Free Download: https://www.incomedigs.com/chart-of-accounts
Visit our Official Website: http://www.incomedigs.com
2019-02-1615 minIncome DigsHow to Manage Rental Property in Quickbooks Online - Sending Invoices to TenantsIn this episode, Nick Baldo delves into the benefits of using QuickBooks for rental management. He provides a hands-on tutorial on setting up invoices for tenants, customizing forms, and tracking accounts receivable. He also discusses how to set up products and services for rent and security deposits, and the impact on financial reports.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Super Power your Virtual Assistant: https://www.incomedigs.com/sva-waitlist
End-to-End Podio Training: https://www.incomedigs.com/pcc
...2019-02-0713 minIncome DigsTracking Rehab Expenses in Quickbooks Online - Part 5 - Using a Temporary Fixed Asset AccountIn this episode, Nick Baldo provides a tutorial on year-end journal entries for capital improvements and modifying chart of accounts for property specificity. He also discusses transferring spending between accounts, demonstrates a practical year-end journal entry, and emphasizes the importance of consulting with a CPA. The discussion on property value on balance sheet concludes the episode.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs...2019-02-0209 minIncome DigsTracking Rehab Expenses in Quickbooks Online - Part 4In this episode, Nick Baldo explores depreciation of capital improvements and property tracking. He introduces a QuickBooks Online guide for investors, discusses how to record depreciation, and sync bookkeeping with tax records. Nick also shares tips on tracking expenses for different properties, adjusting balance sheets, and using class tracking for expense differentiation.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out...2019-01-2612 minIncome DigsTracking Rehab Expenses in Quickbooks Online - Part 3In this episode, Nick Baldo delves into the use of QuickBooks in real estate, focusing on balance sheet setup and tax preparation. He explores automation, expense tracking, account setups for depreciation schedules, and the distinction between structural and 5-year accounts. He also discusses routing expenses to correct accounts, managing non-structural basis, and balance sheet transactions. The episode concludes with tips on managing multiple properties.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
...2019-01-2011 minIncome DigsTracking Rehab Expenses in Quickbooks Online - Part 2In this episode, Nick Baldo dives deep into real estate transactions, specifically focusing on filtering them by property. He explains how to capitalize expenses, including the intricacies of journal entries and balance sheets. Nick also consults with a CPA on these matters, reviews an updated balance sheet, and discusses how books align with taxes. The episode concludes with a look at the year's profit and loss statement and an introduction to accounting codes.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Enroll to Real Estate Accounting Bootcamp...2019-01-1213 minIncome DigsPodio for Lead Management - Send SMS Texts from PodioIn this episode, Nick Baldo introduces a tutorial on building a text message workflow for real estate investors. He discusses the setup and testing of triggering SMS texts, explores alternative methods, and guides listeners through updating the SMS field for final testing.
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
Visit our Website: https://www.incomedigs.com/
Learn how to send and receive SMS text messages directly from your Podio system. We're helping Maven Media setup their...2018-10-2914 minIncome DigsPodio for Real Estate Investors - Project Management AutomationIn this episode, Nick Baldo introduces the upgraded project management workspace and template for Podeo. He explores its key features, customization options, and its importance in real estate investment. Nick explains how to organize, budget, and manage deliverables, maintain data integrity, and manage contractor bids. He also discusses project scheduling, vendor categories, and how to leverage GlobiFlow for workflow management.
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
Visit Website: www.incomedigs.com
You don't need to...2018-10-2127 minIncome DigsPodio for Project Management - Leveraging Checklists and ValidationIn this episode, Nick Baldo explores how to leverage Podio and Glovy Flow for task management in real estate investment. He demonstrates how to build custom workspaces, assign tasks, create new flows, and handle incomplete tasks. He also delves into using the checklist feature across applications.
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
Visit https://www.incomedigs.com/
Does your business use checklist to get things done? Check out how to implement your checklist process into...2018-10-1216 minIncome DigsHow to Create a Loan Amortization Schedule - Part 2In this episode, Nick Baldo discusses the intricacies of an amortization schedule. He addresses queries on extra principal payments, explains how to incorporate them into the schedule, and explores their impact on the loan and payoff date. He also delves into the effects of variable monthly payments on a loan.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Download our guide: https://www.incomedigs.com/qbosetupguide
A follow up to...2018-09-2004 minIncome DigsTracking Rehab Expenses in Quickbooks Online - Part 1In this episode, Nick Baldo dives into the intricate world of expense tracking for investment properties. He provides a detailed guide on using QuickBooks, from creating an expense account for a specific property, categorizing expenses, to enabling item tracking. He also discusses project cost tracking, understanding loss on P&L, and capitalizing expenses. The episode wraps up with a preview of future topics.
Tracking Rehab Expenses in Quickbooks Online: https://www.youtube.com/playlist?list=PL89qBCL2vU2uG03qnF_SPUw_NX7ZtauNQ
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End...2018-03-2313 minIncome DigsPodio for Real Estate - Globiflow Manual FlowsIn this episode, Nick Baldo introduces the benefits of Globy flow, guides listeners through building and testing a flow, and explains the difference between creation and update triggers. He also dives into manual flows, discussing their creation, customization, and optimization.
Podio: https://www.youtube.com/playlist?list=PL89qBCL2vU2uIUkuQHTnWaJ-e34oL64mi
End to End Podio Training: https://www.incomedigs.com/pcc
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
Visit our Website: www.incomedigs.com
If you're not using Globiflow in your Podio system...you...2018-03-1510 minIncome DigsPodio for Rehab Proj Mgmt- Getting Started w/ the Import TemplateIn this episode, Nick Baldo explores the Podio project management app, discussing faster project planning, the importance of scope categories, and filling in material and labor quantities. He delves into pivot tables for project data viewing and thorough planning, and concludes with importing data into Podio.
Flipping: https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide2018-02-0210 minIncome DigsPodio for Property Mgmt-Training 3In this episode, Nick Baldo introduces listeners to the property management workspace in Podium, explains how to manage multiple people within one tenant, and discusses using the app as a CRM. He also covers setting up renter profiles, scheduling appointments, automated reminders, calendar integration, and document handling. The next episode will delve into the application process and tenant confirmation.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
...2018-01-2510 minIncome DigsUpdated Tutorial - Rental Property AnalyzerIn this episode, Nick Baldo introduces the rental property analyzer tool, guiding listeners on how to input property, purchase, loan, and income details. He provides a detailed breakdown of expenses and discusses key performance indicators, cap rate, and property resale considerations. Nick also gives insights on cash on cash return and financial variables. The episode concludes with a snapshot of profit & loss and a discussion on capital improvements.
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!)
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https...2018-01-1812 minIncome DigsMust See Wholesaling Automation - Wholesaling Hacker!In this episode, Nick Baldo and guest Mike delve into the world of wholesale real estate. They discuss Mike's experience, introduce Wholesale Hacker, and explore the Podio workspace and various apps. They detail the mailing bundle, leads app, CRM, property analysis, and appointment scheduling features. Further, they introduce the offers and deal sharing apps, and discuss system automation, scalability, and time investment. They conclude by discussing acquisition, client testimonials, pricing, and system benefits.
Podio: https://www.youtube.com/playlist?list=PL89qBCL2vU2uIUkuQHTnWaJ-e34oL64mi
https://wholesalehacker.com/
Free Download: https://www.incomedigs.com/qbosetupguide
Visit...2018-01-1231 minIncome DigsPodio for Property Mgmt - Training 2In this episode, Nick Baldo explores the use of Podio for property management. He delves into unit details, monthly rent info, active lease amounts, occupancy status, and ad creation. He also discusses utility inclusions, benefits for renters, data views, and how to customize card view layout and data filtering. Finally, he talks about updating views and maximizing use.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
Free Download: https...2018-01-0509 minIncome DigsPodio for Property Mgmt - Training 1In this episode, Nick Baldo introduces the property management app package for Podeo and guides listeners through customization and workspace overview. He delves into the details of Entities, Team Roles, and Properties Apps, including how to link entities and properties. Baldo also discusses data input and property detail editing, before introducing the Units App. The episode concludes with a walkthrough of the Team Roles App and a recap of the foundational apps discussed.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp...2017-12-3109 minIncome DigsPodio for Property Mgmt - Super Charged TemplateIn this episode, Nick Baldo introduces Podeo's new app package for property managers, discussing its integration with Zillow and CRM capabilities. He explores document sending, lease management, and maintenance with various apps. He also covers team roles, reporting, and invites listeners to join Podeo.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Get the new App-Based Tasks & Checklists Template: http://bit.ly/taskchecklists
Free Download: https://www.incomedigs.com/qbosetupguide
Visit our Website: https://www.incomedigs.com2017-11-1514 minIncome DigsPodio for Real Estate - Importing DataIn this episode, Nick Baldo discusses the limitations of Podeo's import feature, the challenges of updating data, and the significance of unique IDs for data import and export. He also guides listeners on configuring Podio for unique IDs and using Globie Flow for field population. The episode concludes with a recap and call for audience interaction.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
Get the new App-Based Tasks...2017-10-2310 minIncome DigsPodio for Project Management - Globiflow & Calendar ColorsIn this episode, Nick Baldo delves into the nuances of utilizing color coding in Globieflow. He discusses the importance of the "Calendar Color" field, and guides listeners through setting up project layouts. Nick also teaches how to create and update flows within the Project App, implement color coding in new schedule items, and test the color changing feature. The episode concludes with added work blocks and recommendations.
Flipping: https://www.youtube.com/playlist?list=PL89qBCL2vU2sH_RUyXu80vBY5hR8kLBMK
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit...2017-07-0209 minIncome DigsReal Estate Accounting - Sale of Property - Part 5In this episode, Nick Baldo explores the use of Quickbooks for real estate accounting, focusing on property sales. He discusses the impact of closing statements on seller's disbursements and provides a step-by-step guide on making a journal entry. He also delves into how to handle loans during property sales and account for income, ensuring balanced accounts. The episode concludes with further resources on incomedigs.com.
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Link to Advanced Amort Calculator: https://www.youtube.com/watch?v=1JiY_UUjPKY&t=940sFree Download: https://www.incomedigs...2017-06-2308 minIncome DigsPodio Best Practice- Centralized ContactsIn this episode, Nick Baldo delves into recent changes in PODIO's field types, focusing on the introduction of the 'member' field type. He navigates the creation and management of contacts, sellers, and buyers apps in PODIO. Nick also discusses properties and deals apps, offering a step-by-step guide on their creation and management. The episode concludes with a tutorial on changing the reference layout in the properties app.
Podio: https://www.youtube.com/playlist?list=PL89qBCL2vU2uIUkuQHTnWaJ-e34oL64mi
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4...2017-03-0713 minIncome DigsPodio Quick Tip - Section HeadersIn this episode, Nick Baldo discusses the significance of organization in Real Estate Investment apps, and how to utilize calculation fields for better app management. He provides tutorials on image creation with dummyimage.com and its integration into Podio for improved visuals. Nick also shares tips on adjusting variables for personalized app items and creating new sections. The episode concludes with encouraging user exploration through new organizational methods.
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download...2016-10-1506 minIncome DigsPodio Quick Tips - Calendar Sync & Email to ItemIn this episode, Nick Baldo provides an in-depth look at Podio, discussing its functionality and integration capabilities. He covers calendar management using Google Calendar and its sync with Podio, and explores automation within Podio. Nick also explains the 'Email to Item' feature and the significance of task management in Podio.
Podio: https://www.youtube.com/playlist?list=PL89qBCL2vU2uIUkuQHTnWaJ-e34oL64mi
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs...2016-10-1310 minIncome DigsRental Property Analysis - Accounting for Equity PartnersIn this episode, Nick Baldo delves into the nuances of equity partners in rental property investment, provides a demonstration on rental property analysis, and offers tips on property management and maintenance. He also explores different financing options for real estate deals, the structure of equity partnership agreements, and the benefits of having equity partners. Additionally, Nick provides insight on managing loans in property investments and performs a cash flow analysis.
https://www.incomedigs.com/rental-property-analyzer/ Need a way to deal with equity partners in your investment analysis? Use the free Rental Property Investment Analyzer to make sure you're getting...2016-07-1511 minIncome DigsHow to Create a Loan Amortization Schedule in Google Sheets/ MS ExcelIn this episode, Nick Baldo delves into the intricacies of loan calculations for real estate investments. He guides listeners through setting up a loan calculation in Excel or Google Sheets, and explores how interest rates and terms affect monthly payments. Nick also explains how to complete and adjust an amortization schedule.
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter Code YOUTUBE50 for $50 off!)
Link to Advanced Amort Calculator: https://www.youtube.com/watch?v=1JiY_UUjPKY&t=940s
FREE Amort Template: https://www.incomedigs.com/amort-calc...
Free COA Template: https://www.incomedigs.com/chart-of-a...
Visit our Official Website...2016-03-1012 minIncome DigsPodio for Property Management - OverviewIn this episode, Nick Baldo discusses the importance of bookkeepers in real estate investing. He introduces Podio, a tool for real estate investors, and guides listeners on setting it up for their business. Nick also covers understanding workflows within Podio and teases future topics on incomedigs.com.
Podio: https://www.youtube.com/playlist?list=PL89qBCL2vU2uIUkuQHTnWaJ-e34oL64mi
End to End Podio Training: https://www.incomedigs.com/pcc
Check out our Podio Templates: https://bit.ly/3pE4DBt
Enroll in Real Estate Accounting Bootcamp: http://bit.ly/reabcourse
Download our guide: https://www.incomedigs.com/qbosetupguide
2016-01-1915 minIncome DigsReal Estate Accounting - Purchase Property (Part 2)In this episode, Nick Baldo revisits the last episode's balance sheet, discusses a scenario involving a deposit to a seller, and explains the process of writing a check to a seller's agent. He creates an asset account for the deposit and reviews the balance sheet post-deposit. The episode also covers the revision of a closing statement, accounting for an escrow account, and dealing with zeroing out. It concludes with a preview of the next episode.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ
End-to-End Accounting Course: https://www.incomedigs.com/reab2 (Enter...2016-01-0109 min