Episode 48 - What Numbers Really Matter (in a Property Business)

Every business incurs expenses varying from paying electricity bills to settling mortgages, but the most important thing, after sorting out these expenses, is the income you make from that business. So today’s episode is all about making sure your income outweighs your expenses. I’ll be talking about the numbers that really matter in a property business and how to maintain your profits.

What You Will Learn In This Episode:

- The important numbers to understand as a property investor

- Why your income must outweigh your expenses when running a property business 

- How to maintain your business without the risk of insolvency

- Where costs may arise from and how to source for seed capital in your business

The hard work you put into property deals may not matter if your expenses are bigger than the income you make from them. This is why you need to understand the basics of property finances and how you can create a healthy working cash balance for your business.

Resources:

- Download my Property Business Checklist at https://www.rachaeltroughton.com/checklist

- Find me on Instagram https://www.instagram.com/rachael_troughton