![]() ![]() In the rental income area, you can track the date you collect rent each month, how much you collect, and if you charge a late fee. The spreadsheet also has an area to record the date the security deposit is collected and how much was collected. The tenant information area includes space to record the tenant’s name, contact information, rent amount and lease renewal date. It also has four primary tracking areas that include: ![]() Our template spreadsheet includes space to record information on up to five properties. But if you are brand new to investing and just have a property or two you might choose to start with a simple Excel spreadsheet. There are a lot of great tools and property management software worth exploring. If you are new to investing or property management it can be overwhelming as to how much there is to learn. This information is super valuable as it can help you make business decisions moving forward. It can also reveal which properties make you the most money or alternatively are losing money. Accurate record keeping is the only way to know if your business is profitable. If you have landed here, I’m guessing you already know the importance of tracking your business expenses and income. Lucky for you, you can grab our rental property Excel spreadsheet template below. This may leave you wondering, “How do you make the time to track your rental property income and expenses?”. There are a lot of moving parts to owning and managing your own rental property business.
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