Pallen opens this chapter with a simple truth: successful businesses understand their money. Cash flow, budgets, costs, market conditions, risk. If you don’t know where your money is going, you can’t make good decisions. And most small business owners either don’t have a finance team or rely on a single external accountant.
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Chapter 4 opens with a quote that Helms borrows from his colleague Russell Gray: “Do the math and the math will tell you what to do.” The funny part? Gray actually hated math growing up. He avoided it until he realized that math gets a lot more interesting when the numbers have dollar signs in front of them.
In Chapter 3 of Stock Market Cash Flow (ISBN: 978-1-937832-48-3), Andy Tanner finally lays out the big framework. The four pillars of investing. Everything you’ll ever learn about stock investing fits into one of these four buckets. And once you see them, you can’t unsee them.
Book: Real Estate by the Numbers | Authors: J Scott and Dave Meyer | Chapters: 44-46
Previous: Analyzing Transactional Real Estate Deals | Next: BRRRR Strategy Deal Analysis
Book: Real Estate by the Numbers | Authors: J Scott and Dave Meyer | Chapters: 38-39
Previous: Return on Equity and When to Refinance | Next: Planning Your Financial Freedom with Real Estate
Book: Real Estate by the Numbers | Authors: J Scott and Dave Meyer | Chapters: 14-15
← Real Estate Tax Basics for Investors | ROI, Equity Multiplier, Cap Rate, and Cash-on-Cash Return →
Financial statements sound boring. I get it. But here’s the thing: if you’re putting your money into REITs, these documents are literally telling you whether that’s a smart move or a terrible one. You just need to know how to read them.
Book: Real Estate by the Numbers | Authors: J Scott and Dave Meyer | Chapter: 4
Previous: The Profit and Loss Statement Explained | Next: How Interest and Compounding Work in Real Estate