It's almost July now, so half way through the year, and I've yet to do any bookkeeping for 2013. Not only that but I notice that is slows down my productivity a lot. I had been using my lap top in the living room since there was no room on my desk and the distraction have definitely been there.
So today, I decided to regain control. It took almost all day, but I can now see my desk. In fact I'm posting this post from my laptop that is sitting comfortably onto the desk. I still have three piles of paper to go through but my Real Estate pile is done.
I don't know how you are filing your paperwork, but here are a few folders I have.
- Numbers to be run
- Pending offers
- Rejected offers
- Purchase contract / negotiation
- Property Management
For each corporations I have
- Legal document
- Bank statements
Then other odd folders
- Tenant Buyers
- Invoice/Receipts to be paid
- Invoice/Receipts to be scanned
I also put all paperwork on past accepted deals that didn't pan out together with a cover sheet with any notes about the deal. What went wrong, what should be changed in the future is anything and so on.
Now that I can clearly see all that I have accomplished in the past, it makes me feels like I've been slacking off a little in the present. I've created a new To Do List and I seem rejuvenated and ready to go.
This is what my desk felt like:
This is what I wish it looked like:
But this is what it actually is (by the way BIG improvement from this morning):