The Easy Way to Track Rental Property Expenses with Logan Ransley - Episode 658
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 6 August 2020
⏱️ 27 minutes
🧾️ Download transcript
Summary
Looking for an easy way to track your rental property income and expenses? It can be frustrating trying to organize multiple spreadsheets and bank accounts. Luckily, Landlord Studio has created the best real estate software on the market to help you manage everything in one place.
Today's guest, Logan Ransley is the co-founder of Landlord Studio, the only complete property management and accounting solution for real estate investors. On today's show, Logan is sharing the features and benefits of using Landlord Studio, and how you can discover if it's a fit for you.
Transcript
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| 0:00.0 | So you want to be a real estate investor, but you think maybe someone else is going to |
| 0:09.2 | handle my accounting for me, I'm just going to be hands off with this whole process. Well guess what? |
| 0:13.2 | You need to have a handle on your accounting when it comes to rental property investing. |
| 0:17.3 | There's no sort of set it and forget it approach. Remember, you're an entrepreneur, |
| 0:21.6 | you're a business owner who invest in real estate. |
| 0:23.4 | You've got to have a handle on this. You've got to nurture your portfolio monthly. |
| 0:27.2 | How do you do it? Well, you're going to meet our guest today because he created an amazing |
| 0:30.8 | software that my wife and I are using right now for our rental |
| 0:33.7 | properties called Landlord Studio and we've got the founder of Landlord Studio. |
| 0:38.6 | We've got Logan Ransley on the show today all the way from New Zealand to talk about, you know, accounting in real estate, |
| 0:46.2 | how to make sure that you're keeping all of those dollars and cents in line for your rental |
| 0:50.8 | portfolio. |
| 0:51.8 | Logan, great to have you on the show my friend. |
| 0:53.0 | Thank you so much for having me on here, Clayton. |
| 0:56.0 | My pleasure, my pleasure. So tell me, first of all, let's wind the clock back a little bit. |
| 1:00.0 | I'm not an accounting guru by any stretch of the imagination. In fact, |
| 1:04.7 | looking at spreadsheets sort of makes my head spin. My wife is great with |
| 1:07.9 | spreadsheets. She loves going into Excel. When she has a spreadsheet open |
| 1:11.7 | like I go in the other room I can't handle it. |
| 1:13.5 | How did you fall in love with accounting for real estate and how did you discover |
| 1:18.2 | that this was going to be a powerful thing for you to maybe sink your teeth into and build software around this product. |
| 1:26.7 | Yeah, well, it's a really interesting story actually and I'll tell you a little bit of our |
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