Better Than Success Real Estate News Briefing
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Better Than Success Real Estate News Brief for Oct 25, 2021
How Do Student Loans Affect Your Ability to Buy a Home? https://realtytimes.com/consumeradvice/buyersadvice/item/1043462-how-do-student-loans-affect-your-ability-to-buy-a-home Why Is Zillow Pumping the Brakes on House Flipping? https://www.msn.com/en-us/money/realestate/why-is-zillow-pumping-the-brakes-on-house-flipping/ar-AAPFonH The Future Of The Rental Market For Landlords And Tenants https://www.forbes.com/sites/forbesbizcouncil/2021/10/21/the-future-of-the-rental-market-for-landlords-and-tenants/?sh=5706999551ce On Wednesday’s event, Bookkeeping with Atiya Brown, she shared that real estate investors must understand what a balance sheet is. It’s the financial statement that shows what you own and who you owe something to. She also discussed that bookkeeping needs attentiveness to every detail as it will either cost you more money or save you more money in paying your taxes. Also, some investors think that cash-flow is their net income, but cash-flow is understanding what’s coming in versus what you have to pay. Another important thing is to know what reconciliations are, knowing what hits your bank accounts, whether an inflow or outflow is being accounted for, so you can catch anything that may be missing. To see our upcoming events, visit betterthansuccess.com/events.
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