Prompt
Result
No result yet
Click "Generate" to create content for this stage
Actions
Info
Script ID
#378
Channel
—
Assigned To
—
Original Transcript
How many properties do you have? I have 41 units. And how long have you been investing for? Five years. And what's your best tip for beginning real estate investors? Best tip would be get your systems in place as early as you can. I think at 19 units, I learn the hard way where I lost a deal because I just couldn't handle the admin or the business side of it. And my best advice would be figure that out as early as you can and then go from there. Okay, and what kind of admin and stuff like that are you talking about? If you're not an organized individual like I was and you have messy Excel sheets, you have messy spreadsheets, you don't have all your systems in one place, maybe you're just organizing your bank accounts and things like that. It becomes a struggle, that's what I mean. So basically get everything in the back end ready to go. So when you buy more properties, it's simple from there. Exactly, you want to set yourself up for success by allowing yourself to scale. You can't do that if you don't have visibility on your financials.