Monthly Bookkeeping
Keep property and entity books reconciled, organized, and ready for reporting.
Real Estate Investors
From a few rental properties to multi-entity portfolios, FirstFruits helps real estate investors keep the books organized, understand property performance, and make better financial decisions as the portfolio grows.
Harbor Holdings LLC
Oak Street LLC
Ridge Partners LLC
Portfolio NOI
$0/mo
In Short
FirstFruits Financial provides bookkeeping for rental property investors, starting at $300 per month for up to 3 properties. Every property gets its own income, expense and cash flow view.
Each LLC is kept separate, with transfers between entities tracked and a combined view of the whole portfolio. Security deposits are recorded as liabilities, and mortgage payments are split into principal, interest and escrow.
More Properties. More Entities. More Moving Parts.
One rental may be simple. Then come additional properties, separate LLCs, mortgages, renovations, property managers, deposits, vendors, contributions, distributions, refinances, acquisitions, and more bank accounts.
Before long, the investor may know what properties they own without having a clear view of what each property is actually doing financially.
FirstFruits keeps the accounting structure organized so you can see both the individual assets and the portfolio as a whole.
Know What Each Property Is Doing
Depending on your structure, FirstFruits can organize reporting so you can understand:
See the revenue generated by each property.
Track repairs, maintenance, utilities, management fees, insurance, and other operating costs.
Understand which properties are generating stronger operating results.
Keep loans, interest, balances, and related activity properly reflected in the books.
Separate normal operating expenses from larger property improvements and other capital activity where appropriate.
See the combined performance of the real estate operation rather than reviewing every property in isolation.
Harbor Holdings LLC
Harbor Duplex2 units
Net operating income
$3,21667%
Expense breakdown
Illustrative monthly figures
Multiple LLCs Shouldn't Mean Financial Chaos
Real estate investors often separate properties or groups of properties into different entities. FirstFruits can help maintain the bookkeeping and reporting across those companies while keeping the records properly separated.
Depending on the engagement, support can include
The accounting remains separate where it needs to be. The investor still gets a clearer view of the larger portfolio.
Harbor Holdings LLC
Own books
$4,028 NOI
Oak Street LLC
Own books
$4,754 NOI
Ridge Partners LLC
Own books
$7,488 NOI
Portfolio management report
$16,270combined NOI
Harbor Holdings LLC
QuickBooks Online
One company file, with every transaction tagged to the property it belongs to.
When multiple properties are held inside the same entity, we can structure the accounting to provide clearer property-level visibility where appropriate.
Work With the Systems You Already Use
Built around QuickBooks and your existing setup. Most FirstFruits bookkeeping relationships currently operate through QuickBooks Online.
If you already have additional property-management, banking, payment, or operational systems in place, FirstFruits begins by understanding the current workflow before recommending changes.
The goal isn't to force you into our system. It's to build a financial structure that makes sense for the portfolio you already have.
Financial Support Across the Portfolio
Keep property and entity books reconciled, organized, and ready for reporting.
Bought properties with messy books? Several entities behind? FirstFruits can reconstruct, reconcile, and clean historical accounting before moving into an ongoing process.
For investors or investment companies that need additional support with:
For larger investors and portfolio operators who need more than bookkeeping. CFO support can include:
For Growing Portfolios
As portfolios grow, investors start asking different questions. Those conversations belong at the Fractional CFO level, where FirstFruits can use the accounting foundation to support more forward-looking decisions.
Powered by Avanti
FirstFruits handles the accounting. Avanti helps organize and present the financial information behind it. Depending on your engagement, your workspace can bring together:
Spend less time searching for the numbers and more time understanding them.
Cash position, all entities
$0
Portfolio NOI is up 9% over six months, led by Ridge Townhomes after two lease renewals.
Real Estate Tax Coordination
Real estate investors often face tax questions involving acquisitions, property sales, entity structures, depreciation, gains, and other investment activity.
FirstFruits handles the bookkeeping and financial side and does not prepare taxes. When tax preparation or tax strategy is needed, we recommend our partner, Elite Taxation. Using Elite is optional.
FirstFruits
Bookkeeping, reporting, and financial records
Elite Taxation
Tax preparation and tax strategy
Who This Is For
Whether you own your first rental or a portfolio of hundreds of doors, the accounting structure should fit where you are today and where the portfolio is heading.
One or a few properties that need reliable books from the beginning.
Investors adding properties, bank accounts, loans, and entities.
Portfolios operating through multiple LLCs or ownership structures.
Investors treating the portfolio as an operating business rather than a passive side investment.
Investors needing management reporting, forecasting, cash planning, and CFO-level oversight.
Investor FAQ
Pricing, process, software and more in one place.
See All FAQsYes. Every property gets its own income, expense and cash flow view, so you know which properties are performing and which are not.
Yes. We record deposits as liabilities rather than income and split mortgage payments into principal, interest and escrow so your financials stay accurate.
Yes. We keep each entity separate, track transfers between them, and give you a combined view of the whole portfolio.
Yes. Lenders want accurate, current financials. Organized property-level reports make refinancing and new acquisitions easier to support.
Where we work
Your Portfolio Is Growing.
Tell us how many properties you own, how your entities are structured, what systems you use today, and where you need more visibility. FirstFruits can build the right level of accounting and financial support around your portfolio.