WIP 948 #Replay Money Managing for Wholesaling - Chris Arnold ft. Larry White

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

News, Wholesaling, Education, Houses, Make Money, Business News, Real Estate Agent, Business, Real Estate, How To, Cash Buyers, Entrepreneurship, Wholesale Houses, Entrepreneur

4.9 • 1.4K Ratings

🗓️ 11 May 2022

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you managing money in your wholesale business? Are you keeping track of your KPI's correctly? Well today, Chris Arnold has special guest Larry White to discuss the money side of wholesaling. Larry has some great tactics that will help you be more effective in terms of money management.

Key Takeaways

CPA bookkeepers handle the numbers so your business can run efficiently.
Cash is oxygen for your business.
Keep 3 to 6 months of cash available for your business.
Breakdown of how your business revenue should be used to cover marketing, payroll, etc.
The major KPI you need to focus on and why they're important.
Your CPA will help you plan for success.

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Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.

It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Transcript

Click on a timestamp to play from that location

0:00.0	And that's kind of the thing is you've got to spend money to make money as we all know.
0:07.1	And if you have the ability to bring in a team, maybe you can take that from, you know,
0:12.6	$250,000 a year, $500,000 a year that you're bringing in to $10 million a year.
0:19.7	This is game-changing information, guaranteed to raise your real estate wholesaling business
0:24.6	with actionable steps you can take immediately to navigate the ins and outs of wholesaling
0:29.6	and start making money today.
0:32.2	Join us as we put our guests in the hot seat and dive deep to dissect their strategies
0:36.8	for success to enable you to duplicate their results.
0:40.3	You're listening to Whole Sailing Inc.
0:42.5	The only show dedicated to making you a fortune in Whole Sailing.
0:46.9	Welcome to the Whole Sailing Podcast.
0:50.4	I'm your host, Chris Arnold.
0:52.1	As always, excited to have you guys with us today.
0:54.6	Man, I got a little special treat for you.
0:57.1	We are going to go down the path, money, and metrics today.
1:01.2	This is what you're going to get.
1:03.1	If you've been in the business a year or two years, you're newer to the game.
1:07.8	You're really trying to understand the ins and outs of what it means to run a business.
1:11.8	I've got a guest that's going to come in today and talk about a few things that he wants
1:16.7	you to know about money and metrics in the first year to two years of you running your
1:22.6	business.
1:23.6	Really kind of some fundamentals.
	...

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