REAL ESTATE ACCOUNTING BOOTCAMP 3.0
Grow and Scale your Real Estate Business
 If you’re a Real Estate Investor or REI Bookeeper looking to unlock key financial data so that you can grow and scale..all without getting buried in disorganized and inaccurate accounting data...you already know...
- Quickbooks wasn't created specifically or investors...but it can be great if we know how to use it
- You need real-time data and KPIs (Key Performance Indicators) to run and grow your business
- Having a handle on your numbers is the first step to running the business (instead of the business running you)
By the end of this program,
you will have…
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Established a proven architecture for your accounting books
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Learned how to manage the day to day financials of your Investing Business
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Set up a financial reporting structure that provides real-time information and metrics
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Setup (or fixed) your QBO account with me...Step by Step
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Established a sustainable process for managing your finances
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Freed up your valuable time to invest more and reconcile less
So if you’re ready to finally establish a financial management system for your investing system while avoiding pit falls and rabbit holes of complex software...
Enroll Now"I CAN'T TELL YOU HOW HELPFUL NICK HAS BEEN TO ME AND MY BUSINESS. HIS TEACHING STYLE IS SO AUTHENTIC....HE UNDERSTANDS EXACTLY WHERE I'M COMING FROM...BECAUSE HE IS A BUSINESS OWNER TOO"
AMY, FLIPPER/ RESIDENTIAL BUILDER
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What's Inside REAL ESTATE ACCOUNTING BOOTCAMP?
MODULE 1: Setup & Accounting Basics
Establish The Foundation
Establishing a bulletproof foundation is essential to the success of your accounting system. This module starts at the very beginning...with a brand new, never-been-touched Quickbooks Online subscription. I demonstrate how to avoid the temptation to dive in blindly so that you can establish the foundation for long term, sustained success. Even if you already have QBO setup, I'll show you fundamentals that you absolutely need to implement into your system.
Module Highlights:
- Real-Estate focused Chart of Accounts
- Customizing QBO for your Business
- Demystifying Debits vs. Credits
- Understand the basic account types and critical reports (your accounting 101 crash course!)
Module 2: Purchasing Property
Understand what you Own
As a Real Estate Investor, it's likely that you have or will purchase property. We need to understand how this property impacts our accounting books and our balance sheet. That's what Module 2 is all about...
Module Highlights:
- Translate a HUD statement to QBO
- Differentiate between building, land and closing costs
- Purchase with cash, financing, equity....we cover it all!
- Understand how to treat depreciation
Module 3: Projects & Capital Improvements
Renovate & Capture
We're always adding value to what we own...that's why they call us "Investors". As you renovate, there are specific strategies and tactics that not only help you understand what you've spent, but help to prepare you for filing your taxes...
Module Highlights:
- Understanding Capital Improvements vs. Deductible Expenses
- Utilizing Products & Services for comprehensive reporting
- Deep Dive into Flip Projects & Developing Vacant Land
- Depreciating Capital Improvements
Module 4: Operating your REI Business
A Sustainable Process for Managing your BooksÂ
Accounting should not be a "once per year" event. We also don't want to spend hours per week managing our books. That's why I've established a systematic approach for tracking your financials without wasting countless valuable hours.
Module Highlights:
- Tracking expenses
- Managing Accounts Payable (A/P) & Accounts Receivable (A/R)
- Leveraging Recurring Transactions
- Track Property Management Statements
Module 5: Selling/ Refinancing Property
Cash out on the SaleÂ
We're ultimately going to sell real estate. Whether we do it quickly and frequently (Fix & Flip) or if we do is slowly over time (Rental), we'll eventually discard our assets. This module demonstrates how to record that transaction and 0 out your Fixed Assets.Â
Module Highlights:
- Understanding Escrow Accounts
- Clearing out CapEx/ Depreciation
- Refinancing a Property
- Dealing with a 1031 Exchange
- Closing out a Property
Module 6:Â Reporting & Advanced Functionality
Real-Time Business Metrics
The ultimate goal: Establish readily available, accurate metrics for our Real Estate Investing business. QBO has a rich collection of robust, customizable reports. We'll leverage all these new features to establish a reporting system tailored to your business.Â
Module Highlights:
- Customizable Reports
- Management Reporting
- Utilizing Reports to Reconcile Data
- Cashflow Management
- Super-powered external reporting
"This guy is the real deal. I am thoroughly impressed with his videos. I cant believe how much i have learned in 1 day watching his videos. My bookkeeping was a nightmare and I spoke with several CPA and bookkeepers. They come no way close to Income Digs. You have blessed me tremendously!"
- Gary, Real Estate Investor
"I can't believe it took me so long to find your course. I've watched the video on 2-dimensional Chart of Accounts over 5 times. It makes so much sense. I'm forever grateful for everything you do"
-Â Brian, Remodeling/ Flipping
Here’s what you’re getting when you enroll today:
Real Estate Accounting Bootcamp 3.0Â - $2,250 value
- 12-Month access to REAB Community - $1,164
- Invitation to live workshop sessions with me for troubleshooting + clarity - $1,150 value
- Free Course: Google Sheets Crash Course - $397 value
Total Value: $4,900+
But when you enroll today, you’ll get access to everything for just:
Enroll in REAL ESTATE ACCOUNTING BOOTCAMPÂ Today
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Plus These Bonuses to Help Keep Your Business on Track...
Bonus 1
12-Month Access to REAB Community
Connect with me and other investors/ bookkeepers within the community. Ask questions, seek guidance and keep making progress!
(A $1,164 Value)
What You’ll Get:
- Automatic access to the REAB community
- Access to past questions/ conversations
- Direct access to me for questions and clarity (I check the community every single morning!!!)
Bonus 2
Live Workshop Sessions with me
Join me for monthly work sessions where we address your questions and dive deep into the details
(A $1,150 Value)
What You’ll Get:
- Invitation to live webinars with me
- Dig deep into your questions and nuanced situations
- All live workshops recorded and made available in the community
Bonus 3
Free Course: Google Sheets Crash Course
Quick Hitting/ High Value course to show you the key Google Sheets (and excel) tricks use in my own business
(A $397 Value)
What You’ll Get:
- Quick Hitting formulas and methods to implement immediatelyÂ
- My list of excel/ google sheets best practices
- Full course added to your Income Digs library
30 DAY "NO QUESTIONS ASKED" GUARANTEE
If you don't find this course valuable, I want to give you a full refund. Just let me know within 30 days of enrolling
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Frequently Asked Questions
Questions our top students asked before enrolling in REAL ESTATE ACCOUNTING BOOTCAMP
What's the difference between this course and the 1st/ 2nd REAB?
I'm a Bookkeeper...is this course relevant to me?
I already purchased REAB/ REAB 2.0...do I need to buy again?
What version of Quickbooks Online do I need?
How long does the course take?
Does the course apply to Quickbooks Desktop?
My business is really unique...will this apply to me?
What if I have questions? Are you available to help out as I go through the course?
How do the live Q&As work?
What about the Guarantee...how does that work?
Do you offer 1 on 1 coaching?
Here’s what you’re getting when you enroll today:
Real Estate Accounting Bootcamp 3.0Â - $2,250 value
- 12-Month access to REAB Community - $1,164
- Invitation to live workshop sessions with me for troubleshooting + clarity - $1,150 value
- Free Crash Course: Google Sheets Essentials - $397 value
Total Value: $4,900+
But when you enroll today, you’ll get access to everything for just:
Enroll in REAL ESTATE ACCOUNTING BOOTCAMPÂ Today
OR
Still thinking about it?
REAL ESTATE ACCOUNTING BOOTCAMP 3.0 is PERFECT for you if…Â
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You’re fed up with managing inaccurate and/ or disorganized financialsÂ
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You’re excited about the potential of having real-time financial data for your business
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You lack clarity on the correct way to organize your books and organize specific transactions
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You spend too much time reconciling your books/ prepping taxes
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You’re ready to scale your Investing Business
If you said “yes” to at least 4 of the above, I can’t wait to meet you inside Real Estate Accounting Bootcamp...
I can’t wait for you to join REAL ESTATE ACCOUNTING BOOTCAMP 3.0
I created this course because I have an intimate understanding of what its like to try to grow and scale a business without having sound financials. I know how confusing the books can be...but I also know how powerful accurate and easily accessible financial information can be for your business.Â
This course is for long term investors, flippers, wholesalers and their bookkeepers who want to get it right...once and for all
Remember that this opportunity is risk free...and I'm here for you along the entire journal. I can't wait to see you in the course!
- Nick
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"THANK YOU FOR DOING WHAT YOU DO! I can't tell you how many hours my husband and I have spent trying to figure out the best way to setup QBO for our flipping business"
- Trevor & Karen, Fix & Flip