Real Estate Investing with Coach Carson
#334: Behind the Numbers: How I track my rental property finances
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom:
https://www.coachcarson.com/rpm
🎙️ Episode #334 – Join Coach Carson and Michael Zuber as they unveil the keys to rental property financial mastery. Discover the significance of meticulous record-keeping, strategic KPI monitoring, and cash flow management, empowering you to navigate the real estate landscape with confidence and secure long-term success in your investments.
📄 Show Notes:
https://www.coachcarson.com/bookkeepingrentals/
▶️ Next Video: How Much Tax I Paid When I Sold a Rental Property
🎬 Timestamps:
0:00 - Being NEO in the Matrix
1:39 - Why is Bookkeeping so important?
3:08 - 1 - It's the law!
7:37 - 2 - Your Key Performance Indicators
9:27 - Profit is NOT cashflow
13:21 - Playing strategic chess
16:12 - Be a better future investor
18:17 - How much taxes I paid when I sold my rental
🔗 Connect with Michael Zuber:
- Michael Zuber's Youtube: https://www.youtube.com/@OneRentalataTime
- Michael Zuber's Podcast: https://podcasts.apple.com/us/podcast/one-rental-at-a-time/id1456199456
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https://www.coachcarson.com/toolkit-pod
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