Artwork

Content provided by Jim Ingersoll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Ingersoll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Ep. 127 - Numbers Real Estate Investors Must Know

29:33
 
Share
 

Archived series ("Inactive feed" status)

When? This feed was archived on May 30, 2022 21:32 (2y ago). Last successful fetch was on October 13, 2021 18:25 (2+ y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 245246757 series 1019986
Content provided by Jim Ingersoll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Ingersoll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ready to dig into your #'s?

In this weeks podcast, Jim talks to David Richter and Jon Cruz of Simple CFO Solutions about the importance of knowing your numbers and keeping your books in order.

This week's podcast is packed full of important information.... all in under 30 minutes! Here are some of the highlights:

Note: This discussion frequently refers to The Profit First Systems ("Profit First" by Mike Michalowicz)

  • The importance of keeping money in separate accounts allows you to see profit and expenses more clearly (and accurately)
  • The importance of having a system and structure to manage your money
  • Real Estate Investors: Why you should keep Investor/Lender Funds separate from other accounts
  • Landlords: Why the security deposit should be kept in it's own account and should not be used as working capital
  • How Simple CFO Solutions works with their clients to help them implement a profit system and with work through challenges like hiring, property management, project management, acquisitions and closings
  • The time investment of setting up separate accounts is minimal but important. Taking this step first will ensure less stress over finances and lets you focus on the WHY (the reason you're in business)
  • What are the key issues that investors have struggle with financially?
  • What your balance sheet should look like
  • Recommended Read: "Less Stress More Profit" by David Richter

Follow on Jim on:

Instagram: instagram.com/jimingersoll Facebook: facebook.com/groups/RealEstateInvestorSuccess Twitter: twitter.com/investforever

Join Jim Ingersoll at Deal Maker "LIVE" dealmaker2020live.com February 6 - 8, 2020 in Richmond, VA

  continue reading

102 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on May 30, 2022 21:32 (2y ago). Last successful fetch was on October 13, 2021 18:25 (2+ y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 245246757 series 1019986
Content provided by Jim Ingersoll. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jim Ingersoll or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ready to dig into your #'s?

In this weeks podcast, Jim talks to David Richter and Jon Cruz of Simple CFO Solutions about the importance of knowing your numbers and keeping your books in order.

This week's podcast is packed full of important information.... all in under 30 minutes! Here are some of the highlights:

Note: This discussion frequently refers to The Profit First Systems ("Profit First" by Mike Michalowicz)

  • The importance of keeping money in separate accounts allows you to see profit and expenses more clearly (and accurately)
  • The importance of having a system and structure to manage your money
  • Real Estate Investors: Why you should keep Investor/Lender Funds separate from other accounts
  • Landlords: Why the security deposit should be kept in it's own account and should not be used as working capital
  • How Simple CFO Solutions works with their clients to help them implement a profit system and with work through challenges like hiring, property management, project management, acquisitions and closings
  • The time investment of setting up separate accounts is minimal but important. Taking this step first will ensure less stress over finances and lets you focus on the WHY (the reason you're in business)
  • What are the key issues that investors have struggle with financially?
  • What your balance sheet should look like
  • Recommended Read: "Less Stress More Profit" by David Richter

Follow on Jim on:

Instagram: instagram.com/jimingersoll Facebook: facebook.com/groups/RealEstateInvestorSuccess Twitter: twitter.com/investforever

Join Jim Ingersoll at Deal Maker "LIVE" dealmaker2020live.com February 6 - 8, 2020 in Richmond, VA

  continue reading

102 episodes

Wszystkie odcinki

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide