Data Sources
Financial Institutions
Link your operating bank and credit card accounts to securely import your transactions into REI Hub. Our real estate accounting system makes it easy to categorize your revenues, expenses, and other transactions by property to build your books and tax time financials.
REI Hub integrates with two of the largest data providers to safely facilitate the linking process: Plaid and Yodlee. Together they connect to over 20,000 financial institutions across the country.
Even if your bank isn’t supported by Plaid or Yodlee or you don’t want to link your accounts electronically, REI Hub makes it easy to upload a transaction file from your financial institution so you can skip manual entry and ensure accuracy.
Integrated Partners
Have you ever wished your property management platform could talk to your accounting platform? Now they can!
REI Hub directly integrates with several leading DIY landlord platforms to help make your life easier. When you subscribe through a partner, REI Hub will automatically setup your portfolio and import all paid invoices with the appropriate property/unit, date, and amount.
This makes recording your ongoing revenues a breeze, and prevents you from having to duplicate effort between your property management and accounting systems.
Short Term Rental Platforms
Short term and vacation rentals can bring in more revenue – but that also means they come with more transactions! And the more short term rentals you have, the more often your payouts are batched together with multiple listings (not to mention refunds and resolutions!), leading to more bookkeeping work.
REI Hub helps you avoid the headache by consuming the payout statements you get from Airbnb and VRBO. Simply upload the payout statement to REI Hub and watch all of your revenues, expenses, and refunds get automatically booked to the correct property.
Property Management Statements
Your property manager collects revenues and incurs expenses on your behalf throughout the month, but often sends a single deposit that is the net of all those transactions and all the properties under management in your portfolio. But to properly file taxes or understand your portfolio’s performance, you need to know your income on a property by property basis and the full breakdown of monthly activity, not just one lump sum.
REI Hub can help! Our custom parsing tool extracts the relevant data from the owner statements produced by popular property management software to automatically import all necessary transactions for you to keep complete, accurate books – all in a single click.
