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Evolving Paths in Real Estate
Manage episode 446423579 series 3433837
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In this episode of The Real Estate Game Changers, Mike McKay dives into Nelisa’s inspiring leap from teaching to mastering real estate. Discover her strategies for bookkeeping, property flipping, and rental management, plus practical tips on avoiding financial pitfalls. Whether you're new or experienced, learn how tools like QuickBooks and Stessa, along with virtual assistants and consulting services, can transform your real estate game.
Capítulos
1. Evolving Paths in Real Estate (00:00:00)
2. Diving into Real Estate: First Steps and Challenges (00:02:19)
3. Scaling the Business and Finding Focus (00:05:35)
4. The Accounting Side of Real Estate (00:06:10)
5. Overcoming Challenges and Streamlining Processes (00:09:17)
6. Common Mistakes in Real Estate Accounting (00:19:07)
7. Key Metrics for Flipping Businesses (00:24:22)
8. Understanding Balance Sheets and P&L Statements (00:34:12)
9. Borrowing Money vs. Using Own Cash (00:36:43)
10. Managing Holding Costs and Financial Projections (00:39:35)
11. Advice for New Real Estate Investors (00:59:02)
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