Financial Planning Tips As You Scale Your Real Estate Investing

Ever wonder if you have set yourself to scale your rental business? No one wants to fall into a financial landmine. Many newer real estate investors may be ready to quit real estate investing too early because they lack a financial plan to help them grow their real estate businesses. The recorded webinar focuses on financial planning strategies to help real estate investors who want to scale a profitable rental property portfolio. Watch this candid financial conversation for and by real estate investors. The panelists in the webinar include: Veronica Woods, Real Estate Investment Advisor and Broker @reallifeplanning CFA®, CFP® Ian Scott, CPA Video rundown: 00:00 Intro to secrets of successful real estate investors 01:19 Ian Scott bio ... understanding the real estate investing niche 03:08 Cynthia Meyer bio...scaling as a first-generation investor 04:08 Veronica Woods intro...bio....helping those well-positioned financially but concerned about risk 10:50 When do you think it is time to upgrade your financial team? 18:00 What advice would you give on setting deal goals in a changing economy? 24:13 How should investors think about the BRRR strategy in today's market? 35:22 What advice do you give investors about raising rents? 41:44 What mistakes do you see newer investors make with thinking about repair/maintenance expenses? 54:37 What do you wish more new owners thought about before they scaled their portfolios? Connect with Cynthia Meyer, CFA®, CFP® from Real Life Planning https://reallifeplanning.com/ Email: cynthia@reallifeplanning.com Connect with Ian Scott, CPA https://calendly.com/itscpa Instagram: @itscottcpa 🗺️If you want help to map out the pros and cons of keeping or selling an inherited property, check out this guide: https://dwoodsrealestate.com/inherited-house 📨If you want to get more real estate wisdom beyond the videos, sign up for my email list (sent 2x a month): https://dwoodsrealestate.com/subscribe 📣If you enjoyed this content, please tell a friend and share the link: https://www.youtube.com/channel/UC6le83kyR0j_dlYGYRDJsaQ/ I am proud to work with my dad, Daniel Woods, and continue the legacy of Daniel Woods Real Estate, where we have been advising clients in the Philadelphia area since 1987. I am a natural connector who loves matching buyers and sellers, foodies with restaurants, and those in need of professional/career introductions. My passion is to help more people use real estate to create wealth, build a legacy, and design the lifestyle of their dreams. LET’S STAY CONNECTED ACROSS SOCIAL MEDIA http://dwoodsrealestate.com/letsconnect 🤙If you want to talk to me about Philadelphia real estate feel free to email me at veronica@dwoodsrealestate.com or call (610) 872-7926. Veronica Woods Daniel Woods Real Estate PA License #SB065736