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Choosing between two accountants
tuk posted a topic in Accountants AdviceHello, I'm about to choose an accountant for to set up my first SPV, which I will use for my next investment and any further to that. I have narrowed it down to two accountancy companies, both of which I quite like. A) The first is a company of about 15 employees, but the owner handles most of the client relationships and tax advice himself. He seems very switched on and gave me a lot of advice on the phone for free when I first spoke to him. They are not property specific, although say that property investors make up nearly half their business and they have their own property investments. Cost ~£1,300/yr. B ) The second option is a property specific accountancy that branched out of a larger firm a few years ago. They would assign me an accountant who would manage my business and I would get 4 half-hour consultations with a year for tax advice, plus unlimited more general advice and technical support. They also have their own software for recording and tracking property finance and operation, which sounds quite useful. Cost ~£1,000/yr. My feeling is that A) might be a slightly more personal experience and possibly spot more opportunities to optimise drawing income from the company, but B ) is more tailored to the property investor so might spot more opportunities to operate more efficiently, plus the software sounds useful. I don't consider the difference in price that significant and would rather choose the better service. I feel like one of these probably is a better choice but I'm finding it difficult to evaluate which it is. I would appreciate your thoughts and advice! Thank you.
Mobile app for landlords??
redbaron85914 posted a topic in General property discussionHi folks, DISCLAIMER: I have done some initial searching on here and couldn't find a relevant thread, but that doesn't mean one doesn't exist...in which case apologies for the duplication. Does anyone use an app/Web-based software to manage their property/properties? If so, what do you use and can you manage pretty much everything through it, aside from physically turning up and conducting viewings/inspections/check-outs etc? I love my tech and I'd ideally love to manage my emerging property empire (!) myself online rather than continue to blindly pay my agent 12%+VAT each month for realistically one or two days work each month *jumps off soapbox immediately* Would really appreciate your thoughts Thanks!
Hello Hubbers I am thinking about investing in this new property portal for young professional renters ... would be good to see if anyone has used it? https://www.movebubble.com Cheers Job
A PropertyHub app would be GREAT!
Martin Evans posted a topic in General property discussionThe title says it all really! I can't believe it's not already out there, it would be awesome and make a perfect resource of the week!
Property Management App
Jonathan Cartier posted a topic in General Advice on Renting Your PropertyCan anyone recommend a good property management app to keep track of tenants, offer standard landlord services (marketing online, payments, tax accounts etc)? I've seen the likes of rentr which looks like a great service but if anyone has had any good experiences, would love to hear about them! Thanks!
Budgeting Apps and Account AggregatorsHi all I am looking for a ‘bank account aggregator’ or budgeting app that links to my accounts that also allows me to categorise my cash spending and provides up to date remaining budget information instantly on my phone. I know a recent resource of the week was Toshl but I don’t believe this has the bank account link. I have been frustratingly trying to align all my spending in one place for the purpose of tracking spend and budgeting. I have used budget apps and basic spreadsheet apps to input spend made from cash withdrawals ‘on the go’. I also have a main spreadsheet where I copy in my bank statements and copy in the ‘on the go’ cash spending, but the overall process is rather tedious and retrospective. It does not give any ‘budget remaining’ information. I thought Google sheets was the answer but drop down boxes (for categorising quickly) do not work on smart phones and again this does not auto link to my accounts. I have also used Money dashboard but the app does not allow you to split the cash withdrawals made into what it has been spent on. Any potential solutions would be greatful. Thanks Grant