» How to Assemble a Real Estate Investor’s Financial Filing Cabinet » Posted by Realestator      

Yesterday we discussed the importance of a Real Estate Investor having an organized Financial Filing Cabniet. Today, we’ll demonstrate how to assemble one. First, go to your favorite office supply store and buy: A box of manila file folders Pendaflex folders Some two or four drawer filing cabinet One or two filing storage boxes A fire proof safe Now prepare to dive in and organize your financial records. In your new filing cabinets you will label your file folders with the following categories: Bank Statements Credit Card Statements Credit Line Statements Expenses** Auto Insurance Homeowners Insurance** Life Insurance IRA’s or Money Market Accounts Living Read More

» Posted in R.E. Business Procedures on May 31, 2008.         » Leave a Comment

» A Real Estate Investor’s Financial Filing Cabinet » Posted by Realestator      

Any Real Estate Investor’s Financial Filing Cabinet has got to be a top priority. Some of you may never heard of that phrase before. So let me ask you: When’s the last time you balanced your check book? If someone asked you for your latest bank statement, paycheck stub or credit card bill, could you find it? Do you keep your mortgage statements if you have one? What about tax returns, insurance policies, living trusts, mutual fund and money market accounts? Could you immediately put your hands on any of these things, if you needed to? No successful investor can afford to be caught searching for any of these things when asked. You will soon find out that time is money. Read More

» Posted in R.E. Business Procedures on May 30, 2008.         » Leave a Comment

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