Marking Properties as inactive
The REI Hub system allows users to mark Properties that are no longer being used as 'inactive.' Properties are most commonly marked as inactive after they have been sold. After being marked inactive, a property will no longer display on the ...
How to enter a refinance in REI Hub
For many real estate investors, refinancing investment homes is a normal part of the process. Refinancing can help you take advantage of better interest rates for a lower monthly payment, or to pull cash out after the property has risen in value. ...
Accounting for flips in REI Hub
Accounting for fix and flips in REI Hub is similar to rentals, but with a few key differences. At the most basic level, you will add the property in question to the system, and assign transactions to it, just like the basics of rental property ...
How to enter a property sale in REI Hub
This article details how to create a journal entry for a recent property sale and enter it into REI Hub. Manual Journals are used for property purchases, sales, and refinances as these are all complicated transactions touching multiple accounts, and ...
Accounting for short term rentals in REI Hub
Rental property investing has always been popular- but the emergence of short term rentals over the last 10+ years has supercharged and changed the industry in ways we are still learning. Oh, and it has also impacted how we keep the books for these ...