HMO property management and accounting software?
3:05 PM, 13th March 2017, 9 years ago
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I have a portfolio of 9 HMO’s and the family as a whole has more which we self manage. I need to start using accounting software to reduce our accountancy fees and improve financial control over the businesses.
Some recommendations so far have been: Xero, Sage One and QuickBooks Online.
I just wondered if any colleagues out there have any experience of using either or can suggest anything else for me to consider or trial.
Many Thanks,
David
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Member Since May 2017 - Comments: 1
2:51 PM, 3rd September 2017, About 9 years ago
Reply to the comment left by Danko Puskaric at 18/03/2017 – 18:59
Hi Danko, how do you use xero for accounting different properties separately? I’ve been looking into software for some months now but found it difficult to see how you can set up each property within one subscription. Any advice would be greatly appreciated
Member Since October 2013 - Comments: 1308 - Articles: 10
12:46 PM, 5th September 2017, About 9 years ago
Reply to the comment left by Danko Puskaric at 18/03/2017 – 18:59
I also use Xero, but for the tenant management we also have to run a spreadsheet (which also acts as a data source for mail merge letters/documents). I would be interested in hearing about your gdrive sheets, as the spreadsheet we have created is not ideal and does not have all the attributes and uses that you have mentioned.
Member Since June 2022 - Comments: 1
1:17 PM, 17th June 2022, About 4 years ago
You can always check https://coho.life/ its an all in one property management software build specifically for HMO’s and shared living.