Efficient Real Estate Bookkeeping for Flippers: Balance Sheets & P&L
Автор: Ambrose Bookkeepers
Загружено: 2024-08-25
Просмотров: 22
Описание:
Discover how timely bookkeeping and effective use of QuickBooks can transform your real estate flipping business. Learn the essential financial tracking methods that help flip investors stay on top of their projects and finances.
In this video, you will learn:
📌 The importance of timely bookkeeping for flip investors
📌 How to review balance sheets, P&L statements, and rehab reports monthly
📌 Tracking bank, credit card, and loan balances for accurate cash positions
📌 Using the projects module in QuickBooks to manage rehab projects on the P&L
📌 Providing detailed financial reports for lenders, especially for hard money loans
📌 Making timely decisions and communicating effectively with contractors
By mastering these bookkeeping strategies, you can make informed decisions and keep your flip projects on track.
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✅ THINGS YOU NEED TO KNOW
💡Real Estate Investors need a bookkeeper who understands the industry. It's crucial for long-term success.
👉For More Info Visit: https://ambrosebookkeepers.com/
📩My Email: [email protected]
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