31 min

Week 8 - Getting To The Number Flip Talk Rookie Playbook

    • Investing

Real estate investing is a numbers game. You’re not a real investor if you don’t know how to factor in costs in any deal. Even business owners understand the numbers involved in a transaction and how to put those numbers together. Knowing your numbers is one of the most critical parts of investing. One wrong move and you might end up selling at a loss.

Today, Don and Ryan discuss the importance of getting the numbers you need before, during, and after every deal. They describe the many costs investors need to know by heart as well as the ideal percentages and ratios with each one. They also share their experiences when it comes to crunching the numbers as well as a few tips on making a deal even more profitable.

 

“There’s an opportunity cost to the cost of money - even if it’s your own money.” - Don Costa

 

This Week on FlipTalk’s Rookie Play Book:



 

Key Takeaways:



 

Connect with Don and Ryan

 





Rate, Review, Learn and Share

 

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

 

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.

 

Real estate investing is a numbers game. You’re not a real investor if you don’t know how to factor in costs in any deal. Even business owners understand the numbers involved in a transaction and how to put those numbers together. Knowing your numbers is one of the most critical parts of investing. One wrong move and you might end up selling at a loss.

Today, Don and Ryan discuss the importance of getting the numbers you need before, during, and after every deal. They describe the many costs investors need to know by heart as well as the ideal percentages and ratios with each one. They also share their experiences when it comes to crunching the numbers as well as a few tips on making a deal even more profitable.

 

“There’s an opportunity cost to the cost of money - even if it’s your own money.” - Don Costa

 

This Week on FlipTalk’s Rookie Play Book:



 

Key Takeaways:



 

Connect with Don and Ryan

 





Rate, Review, Learn and Share

 

Thanks for tuning into the FlipTalk podcast! If you enjoyed this episode and want to learn even more about what it takes to build a 7-figure real estate business, head over to iTunes and subscribe to the show. Don’t forget to tune into our other shows: FlipTalk’s Rookie Play Book and FlipTalk’s REI Round Table. Share your favorite episodes on social media to help other new investors learn what it takes to grow a successful business in the real estate investing industry.

 

Join the community of FlipTalk fans on Facebook  and visit our website for even more content, information, and resources about real estate investing.

 

31 min