MINISODE How to Vet a Real Estate Accountant

Getting a Real Estate Accountant on your team is absolutely vital to the success of your business. They provide you financial wisdom and they help take some work of that full plate of yours. BUT, not all accountants are alike and we need to be equipped to know how to pick the right fit for our businesses.  Take it from me, I’m on my fourth, yes FOURTH, accountant, because I just didn’t know what I didn’t know. When I finally smartened up and found the right person, not only did he help us, he cleaned up our past tax returns and we actually got money back!  So what kinds of conversations are you having with your accountant? Do they actually give you valuable insights and strategies on your numbers? Are the majority of their client base even real estate investors? In this episode, me and Andressa will break down the questions we believe will help you, not only vet your accountant, but avoid major pitfalls as you scale your business and evolve with your team!  Quotes • “I would say, out of everyone on your team, your accountant… I would even say your accountant over your attorney… is one of THE most important people that you have on your team.” (01:23-01:38) • “Honestly I’d rather work with someone who the majority of their client base (and you want to ask them this) actually are real estate investors.” (4:46-4:49) • “Do they own property…? I really want to see that they have in their wherewithal and their experience, that it matches in some way.” (7:44-8:12) • “Do they have experience with other real estate investors…? If they’re like, ‘Oh, we work with everyone, we help everybody, it’s the same thing, really doesn’t matter,’ it does! I’m telling you, I am on the fourth accountant, it DOES matter.”(8:30-8:48) • “Are they tactical or strategic? Do they have strategic conversations with their other real estate investor clients or other business clients on a quarterly basis, so that you are getting set up for the most success in your business?” (9:14-9:27) • “Quite honestly, do you like working with that person…? We don’t have time to work with people we don’t vibe the same way with, per se.” (10:10-10:25) Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza   How To Join the InvestHER Movement  1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via: Apple Itunes  Spotify Amazon Music Android   Stitcher    2) The Real Estate InvestHER Membership  Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level.   3) InvestHER Community on Facebook  We have thousand of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!    4) InvestHER Meetups Around the Globe  We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!   5) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide.   We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris.   Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her.   Follow us on:  Facebook: @therealestateinvesther  Instagram: @therealestateinvesther YouTube: Watch our shows here