Adding Your First Property

This guide walks you through adding your first property to RealBooks.

Prerequisites

• A RealBooks account (sign up here)
• At least one entity set up (see Account Setup)

Steps

1. Navigate to Assets

From the main dashboard, click Assets in the left sidebar.

2. Click Add Asset

Click the + Add Asset button in the top-right corner.

3. Enter Property Details

Fill in the property information:

• Address — Full street address
• Property Type — SFR, Multifamily, Commercial, or Land
• Entity — Select the entity that owns this property
• Purchase Price — What you paid for the property
• Purchase Date — Closing date

4. Add Loan Information (Optional)

If the property has a mortgage:

• Loan amount and interest rate
• Monthly payment and term
• Lender name

5. Save

Click Save and your property will appear in your portfolio dashboard with real-time tracking enabled.

What Happens Next

Once added, RealBooks will:

• Begin tracking the property’s value and equity
• Calculate NOI and cap rate as income and expenses are recorded
• Include the property in your tax reports and schedules