Most investors can’t answer that question without digging. RE Ledger changes that.
I’m a CPA and a real estate investor. I’ve spent my career on both sides — keeping the books clean and trying to make sense of what they actually mean for the portfolio.
The books were accurate. The reports were there. But turning that data into real decisions required hours of manual work — multiple spreadsheets, built from scratch, month after month. There was no tool built for how investors actually think. So I built one.
RE Ledger is what I wish had existed when I started. And this is just the beginning.
Your bookkeeping software gives you accurate financial statements. RE Ledger gives you the real estate intelligence layered on top — the ratios, the scenarios, the signals — using the data you already have.
Model all three scenarios for any property. See the cash flow, equity, and return impact of each path before you commit.
See your real return on invested capital (cash-on-cash return) and how your properties rank against each other.
Compare performance across the portfolio so you know which properties deserve more capital and which ones don’t.
See your portfolio-wide debt coverage (DSCR), leverage (LTV), and cash flow trend before you approach a lender.
Track equity by property and across the portfolio. Know how much is sitting idle and what it could be doing.
The insights engine flags properties with tight debt coverage, high repair leakage, or declining performance — before they get expensive.
Every property, every loan, every lease, every insurance policy — tracked in one place, updated in one place, ready to export to Excel. Each tracker includes a CSV upload so setup is fast.
Your full portfolio in one view — property details, purchase info, ownership structure, cost basis, and market value. Your SREO, built and maintained inside RE Ledger.
Every loan tracked by property — balance, rate, term, P&I, and PITI. Know exactly what your debt looks like across the portfolio at any moment.
Every unit, every tenant, every lease. Occupancy status, market rent, and rent upside — know where you stand and where you’re leaving money on the table.
Policy details by property — carrier, coverage, premiums, and renewal dates. No more hunting through emails when a lender asks for proof of insurance.
RE Ledger is your single source of truth. Financial data comes in via your bookkeeping export. Asset details live directly in RE Ledger and stay current as things change. Everything exports to Excel — clean and ready for lenders, partners, or your own records.
Pull your standard financial reports — P&L and balance sheet. No special setup, no integration, no extra steps beyond what you’re already doing.
RE Ledger provides a simple CSV template. Copy and paste your figures from your exported reports. You or your bookkeeper can handle this as part of the monthly close. A direct import tool is on the roadmap.
Upload the completed template. Your dashboard updates with every metric, ratio, and scenario calculated and ready. Every property. Every answer.
Add it to your monthly bookkeeping close. You or your bookkeeper handles the export and upload as part of your regular routine. Most of what RE Ledger needs comes from your bookkeeping reports. A few data points — mortgage details, current market values, rent roll, insurance — get entered directly in RE Ledger once and updated as things change.
Every property ranked by performance. Sort by cash flow, cap rate, debt coverage, or return.
Every key ratio visualized — cap rate, cash-on-cash, DSCR, ROE, LTV — with trend charts across the portfolio.
Every income and expense line, by month, by property, or by year. Know exactly where the money goes.
Model all three scenarios for any property. Scored comparison tells you which option wins and why.
Adjust any income or expense line and see the impact flow through to net cash flow.
Automated flags for tight debt coverage, repair leakage, and underperforming properties.
Full portfolio SREO with cost basis, market value, and ownership details.
Every loan by property — balance, rate, P&I, and PITI across the portfolio.
Every unit, tenant, and lease with occupancy status and rent upside by property.
Policy details, premiums, and renewal dates — organized by property and ready to export.
Your bookkeeping software is exceptional at what it does. It records every transaction, keeps your books accurate, and produces clean financial statements. It was built for accountants. RE Ledger was built for investors.
Your bookkeeping software doesn’t calculate your debt coverage ratio. It can’t tell you your cash-on-cash return. It has no concept of hold versus sell. It produces the income statement — RE Ledger tells you what that income statement means for your next decision.
They do different jobs. You need both. Your bookkeeping export is the starting point — the data that makes everything else possible.
One non-negotiable requirement: RE Ledger is a companion to your bookkeeping — not a replacement for it. Clean, organized books are the foundation this tool is built on. If you’ve already invested in keeping accurate records, you’ve done the hard part. RE Ledger is what makes that investment pay off.
RE Ledger launches with a full decision dashboard and grows from here — built by an investor, shaped by investors. Founding members aren’t just early customers. They’re part of what it becomes.