4.9 • 1.4K Ratings
🗓️ 12 May 2025
⏱️ 11 minutes
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0:00.0 | You're listening to Wholesilling Inc. episode number 17131. Find a bookkeeper and start paying |
0:06.8 | attention to how much money you're making and how much losing. The balance sheet actually is part of that, |
0:12.0 | right? There are three reports that you should check out. There's the cash flow statement, |
0:14.9 | the profit and loss statement and also the balance sheet. This is game changing information |
0:20.3 | guaranteed to raise your real estate wholesaling business |
0:23.4 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
0:28.3 | and start making money today. |
0:30.9 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies |
0:35.7 | for success to enable you to duplicate their results. |
0:39.1 | You're listening to Wholesaling, Inc. |
0:41.4 | The only show dedicated to making you a fortune in wholesaling. |
0:46.0 | So today we are going to talk about money. |
0:49.3 | We're going to talk about what a healthy balance sheet looks like. |
0:53.8 | Now, you're like, Todd, what the heck is a balance sheet? |
0:58.3 | Well, a balance sheet is basically a summary of all the cash that you have in your bank accounts, |
1:03.5 | all of the assets or real estate assets, and all the credit card debt or debts that you owe. |
1:08.8 | And so I have found that people who have control of their |
1:12.5 | balance sheet and other financial reports are the most successful wholesalers |
1:18.1 | okay now before you're like Todd I can't take numbers well what the hell are |
1:23.1 | you talking about I got to tell you I used to be a damn fool and what does that |
1:27.2 | mean it's like well Todd I just like to go out and run around like a damn fool. And what does that mean? It's like, |
1:27.8 | well, Todd, I just like to go out and run around like a chicken when my head cut off as make as much |
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