REIHUB
REI Hub accounting software is specifically made for rental property owners and real estate investors.
In a Hurry? Wanna Skip the Wordy Parts?
Pricing
|
1-3 Units
|
$10/mo. |
|
Up to 10 Units
|
$20/mo. |
|
Up to 20 Units
|
$40/mo. |
|
20 to Unlimited Units
|
$70/mo. |
Recommended For the Following
Individual Self-Managing Property Owners – Yes
Property Managers and Co-hosts – Yes, but confirm with your CPA that it will suit their needs.
Features
Double Entry Accounting – Yes
Accounts Payable and Expense Tracking – Yes
Bill Payment – No
Bank Sync – Yes
Categorization and matching of transactions – Yes
Invoicing – No
Payroll Integration – No
Vendor and Contact Management – Yes
Document and Receipt Management – Yes
Cloud File Storage – Yes,
P&L (Profit and Loss) Reports – Yes
Balance Sheets Reports– Yes
NOI (Net Opertating Income) Reports – Yes
Basis and Depreciation Tracking – Yes
Editable Chart of Accounts – Yes, and the default chart of accounts are already set up for the needs of real estate businesses.
Automatic Mortgage Amortization – Yes, and REI Hub lets you set up a template for your mortgage payment, automatically splitting it into principle pay down, interest expense, and escrow contribution.
Fixed Asset Tracking – Yes, track your Fixed Assets (including capital expenses) and accumulated depreciation.
Lease Tracking – Yes
Mileage Tracking – Yes
Schedule E – REI Hub allows you to easily pull a Schedule E report for each property with no additional configuration. You can prorate overhead expenses across your entire portfolio.
Mobile App – No
Customer Service – Yes, via email and phone. Phone support hours are (9am-5pm EST)
Pros
- Specifically designed for rental property owners and real estate investors.
- REI Hub automatically reports your numbers on a property by property (or unit) basis.
- The default chart of accounts are already set up for the needs of real estate businesses.
- Affordable pricing based on the number of active units.
- All features available for all users.
- Customer support is free.
Cons
- Limited number of property management software integrations.
- Less well-known by bookkeepers and accounting professionals than some other platforms.
- A mobile app is currently unavailable. This would be helpful for on the go receipt capturing. A work around is possible by logging in the website from your mobile device.
