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Creative Capital

Creative Capital Podcast 213: Asset Management Tweaks For Increased Property Performance

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 15 November 2022

⏱️ 13 minutes

🧾️ Download transcript

Summary

Welcome to this week's No Limit Minute episode! This week we're discussing what it really means to properly manage assets and the importance of keeping an eye on things even if you choose to hire a third party property manager. I share a story about a pretty big plumbing issue we experienced recently and the importance of remaining proactive about property issues, visiting your properties and keeping in contact with your property managers. Enjoy!

How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/
Creative Capital is made possible in part by our sponsors.
Relay is a no-fee, online banking and money management platform. Spend, save and plan more efficiently with unparalleled clarity into operating expenses, cash flow and accounts payable. Visit https://relayfi.com/creativecapital to get started.

Transcript

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0:00.0

Hey, everybody, just wanted to talk about today's show sponsor.

0:07.0

Now, if you invest in real estate, which all of you probably do, right, or if you simply

0:13.4

manage properties, I did it today, you need banking.

0:17.2

It's truly built for your business, no more fees, no more minimum balances, no more bookkeeping

0:22.6

problems come tax season, and no more remembering hundreds of different logins and passwords.

0:29.4

This is exactly why I recommend relay, that relates an online banking and money management

0:36.0

platform.

0:37.0

It's a perfect fit for your real estate business, but here's why, right, and it helps real

0:41.6

estate investors better understand the cash flow in their business.

0:44.9

Relay gets that investors like you create a new entity and a new bank account for every

0:50.0

single property.

0:51.0

That's why they set out to make this as simple as possible for you by offering up to

0:55.3

20 free, free individual checking accounts to organize and allocate your money for things

1:02.7

like day-to-day operating expenses, topics, investments, or taxes.

1:07.2

For purchases, you can even issue up to 50 virtual or physical debit cards with spending

1:13.2

limits to keep track of how money is being spent for each property, plus relay also makes

1:18.4

your book keeping fast and meticulous by giving you detailed transaction data that syncs

1:22.5

directly with QuickBooks Online and zero.

1:26.9

Best of all, it literally takes less than 10 minutes to apply online and it's absolutely

1:32.9

free.

1:34.7

And on top of that, if you end up using my referral link, which is relayfi.com, that's

1:43.1

r-e-l-a-y-f-i.com-slash-board-slash-creative-capital, you sign up, you put at least a dollar, just

...

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