Nick Baldo’s Real Estate Accounting Bootcamp 3.0: Master the Art of Real Estate Accounting
What You’ll Get from this Comprehensive Course
Nick Baldo’s Real Estate Accounting Bootcamp 3.0 is an all-inclusive course that provides you with a wealth of resources to help you navigate the complex world of real estate accounting. Here’s what you can expect:
- Lifetime Access: Once you sign up, you’ll have unlimited access to the course materials, so you can learn at your own pace and revisit the content as needed.
- 6 Modules, 55 Self-Paced Video Lessons: The course is divided into six comprehensive modules, each containing multiple video lessons. These lessons cover everything from accounting basics to advanced reporting functionality.
- Free Access to REAB Community (Valued at $1,164): You’ll get free access to the REAB Community, where you can connect with other real estate professionals and get support and feedback on your accounting practices.
- 30-Day Access to REAB+ (Valued at $1,765): REAB+ is a live Q&A session and exclusive/behind-the-scenes lesson series. You’ll get 30 days of access to this valuable resource, allowing you to ask questions and get personalized feedback from Nick Baldo and other experts.
- Free Crash Course: Google Sheets Crash Course (Valued at $497): In addition to the core curriculum, you’ll also receive a free crash course on Google Sheets. This will help you streamline your accounting processes and make the most of this powerful tool.
Module Breakdown
Module 1: Setup & Accounting Basics
This module will lay the foundation for your accounting practices, covering topics such as:
- Real-estate focused Chart of Accounts
- Customizing QBO for your business
- Demystifying Debits & Credits
- Accounting for RE Investing Crash Course
Module 2: Purchasing Property
In this module, you’ll learn how to properly account for property purchases, including:
- Translating a HUD statement to QBO
- Differentiating between building, land, and closing costs
- Purchasing with cash, financing, equity, and more
- Understanding depreciation
Module 3: Projects & Capital Improvements
This module will teach you how to account for renovations and capital improvements, including:
- 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
In this module, you’ll learn how to manage your books on an ongoing basis, including:
- Tracking expenses
- Managing Accounts Payable (A/P) & Accounts Receivable (A/R)
- Leveraging Recurring Transactions
- Tracking Property Management Statements
Module 5: Selling/Refinancing Property
This module will cover the accounting practices associated with selling or refinancing a property, including:
- Understanding Escrow Accounts
- Clearing out CapEx/Depreciation
- Refinancing a Property
- Dealing with a 1031 Exchange
- Closing out a Property
Module 6: Reporting & Advanced Functionality
In the final module, you’ll learn how to use advanced reporting features to get real-time business metrics, including:
- Customizable Reports
- Management Reporting
- Utilizing Reports to Reconcile Data
- Cashflow Management
- Super-powered external reporting
About Nick Baldo
Nick Baldo is a seasoned real estate accounting professional with a passion for helping others succeed in the industry. With over a decade of experience in accounting and finance, Nick has a deep understanding of the complexities of real estate accounting. Through the Real Estate Accounting Bootcamp 3.0, he aims to provide a comprehensive and engaging learning experience that will empower real estate professionals to take control of their accounting practices and make informed business decisions.
Enroll Now and Take Control of Your Real Estate Accounting
Don’t let the complexities of real estate accounting hold you back. Enroll in Nick Baldo’s Real Estate Accounting Bootcamp 3.0 today and gain the knowledge and skills you need to succeed in the industry. With lifetime access to the course materials, free access to the REAB Community, and a wealth of other valuable resources, this course is an investment in your future as a real estate professional.
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