Struggles and Financial Stress as a Business Owner and Biggest Keys to Success with Casey Smith

On this episode of Profit First for REI, we’ve got my good friend Casey Smith. She is the owner of Atlas Transaction Coordination Services, a company that handles real estate deals of all forms. She works with a lot of real estate investors, closing over 1,500 transactions as an individual realtor and business owner.  

Casey shares her journey in the real estate investment space, the struggles she has experienced as a business owner, and her perspective on the challenges and the keys to success for real estate investors. Catch the discussion here.

Key Takeaways:

[00:52] Casey Smith
[02:19] On What Excites Her About Real Estate Investment
[03:36] Transaction Coordination
[04:20] Struggles and Financial Stress as a Business Owner
[09:08] The Investor Struggle of Paying Themselves and the Importance of Knowing Your Numbers
[20:29] Her Biggest Keys to Success
[23:07] Tasks That Casey Prefers to Outsource to Experts
[26:01] Connect with Casey Smith

Quotes:

[06:30] “You have to first understand your time and money cost…Unless you're paying attention and doing time studies…you're really not going to know how much time you're spending to make what you make.”
[14:50] “Due diligence happens in the transactional process because you can do your numbers on the house but if it doesn't close, it doesn't matter.”

[21:04] “If you've got the mentality to adapt, or pivot and find the opportunity, wherever you are, then I think you can be successful in this industry.”

You have to first understand your time and money cost. And I think that that's it unless you're paying attention and doing time studies, and going really in-depth there, you're really not going to know how much time you're spending to make what you make.

Connect with Casey: 

Website: AtlasTCservices.com

Facebook: https://www.facebook.com/AtlasTCservices 

Tired of living deal to deal? 

If you are a real estate investor or business owner who is tired of living deal to deal, and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David