What Does a Real Estate Bookkeeper Do?

In Episode 61 of the Real Life Planning Podcast, Cynthia Meyer, CFA®, CFP®, ChFC®, talks with Kristen Ambrose, CPA, and founder of Ambrose Bookkeepers, about the often overlooked but vital role of bookkeeping in a real estate investing business. Kristen shares her journey from corporate accounting to entrepreneurship and how her passion for real estate inspired her to serve investors exclusively. They delve into practical bookkeeping strategies, common pitfalls, and how real estate investors can better understand their numbers to make smart decisions.Whether you're managing one rental or scaling a large portfolio, Kristen offers insights to help you approach your real estate financials with a business owner perspective.This week on Real Life Planning Podcast:💡 Why Kristen left corporate accounting to serve real estate investors [00:01:24]💡 How house hacking helped launch Ambrose Bookkeepers [00:02:23]💡 What a real estate bookkeeper actually does [00:04:12]💡The #1 bookkeeping mistake real estate investors make [00:13:39]💡 When to hire a professional bookkeeper—and how to find the right one [00:19:13]Connect with Kristen Ambrose, CPA:Website: Ambrose BookkeepersKristen on BiggerPocketsLinkedIn: Kristen Ambrose, CPAConnect with Real Life Planning:FacebookLinkedInXInstagramPinterestEmail: [email protected]  About the Real Life Planning PodcastHosts Cynthia Meyer and Vekevia Tillman-Jones explore practical steps for real estate investors to build financial freedom and make working for someone else optional.The ReaL Life Planning Podcast  is for educational purposes only. None of the information discussed is intended as investment, tax, accounting, or legal advice, nor as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, real property, or other securities or non-securities offering. Real Life Planning, LLC is an Investment Advisor registered with the States of New Jersey, New York, Texas, Virginia, and California. All views, expressions, and opinions included in this communication are subject to change. This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy, or completeness of, any description of securities, markets or developments mentioned. Our current disclosure brochure, Form ADV Part 2, is available for your review upon request, and on our website, REALLIFEPLANNING.COM.