The Real Estate Loop

Episode 49: Understanding Money


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In this episode Nicole and I talk about getting on a budget, controlling your spending and getting debt under control.  Understanding finances are critical when dealing with investment properties.   

We talk about the four money issues. Making money, spending money, giving money and giving money are the 4 main issues around finances.

Understanding your property budget and being able to predict large capital expendatures and having money set aside for these major repairs will help you be a better landlord but also have more profitable properties.

 

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The Real Estate LoopBy Gavin Welch - podcastor, investor, investment strategist, realtor