Why Your Property Portfolio Needs a Numbers Whisperer
Manage episode 448845024 series 3401576
Do you know what a Fractional CFO is? In this episode, I sit down with Stefanie Beharry, a CPA and Fractional CFO, to explore how financial expertise can revolutionize your investment strategy.
As real estate investors, we often focus on property acquisition and management, but overlook the critical role of financial management. Stefanie sheds light on how a Fractional CFO can provide high-level financial expertise without the hefty price tag of a full-time executive.
Why Financial Clarity Matters in Real Estate InvestingStefanie emphasizes the importance of understanding your numbers, not just for tax purposes, but for making strategic decisions about your portfolio. She explains how proper financial management can:
Reduce stress and uncertainty in your business
Help you make informed decisions about acquiring or selling properties
Identify cash flow issues before they become critical
Position you to take advantage of market opportunities
Here's what you can expect to learn from this insightful conversation:
The difference between a bookkeeper, accountant, and CFO - and when you need each
How to determine if your real estate portfolio is ready for fractional CFO services
Strategies for managing cash flow and building reserves in uncertain market conditions
The importance of regular financial check-ins and how they can prevent costly mistakes
How to leverage financial data to make strategic decisions about your real estate portfolio
Whether you're a seasoned investor or just starting out, this episode will challenge you to think differently about the financial side of your real estate business. Stefanie provides actionable advice on how to gain clarity on your numbers and use that information to grow your portfolio strategically.
Don't miss this opportunity to gain insights from a financial expert who understands the unique challenges of real estate investing. Tune in now to discover how you can use financial expertise to uncover hidden opportunities in your real estate business.
About Stefanie Beharry
Stefanie Beharry is a CPA with extensive experience in corporate finance. She now runs her own accounting firm specializing in fractional CFO services for real estate investors across Canada and the United States. Her expertise lies in helping investors make strategic financial decisions to grow their portfolios and achieve their long-term goals.
Connect with Stefanie
Linked In https://www.linkedin.com/company/rei-finance
Instagram https://www.instagram.com/stefbeharry/
FB: https://www.facebook.com/profile.php?id=61550295974229
Connect with Chris
https://www.facebook.com/shebib
https://www.linkedin.com/in/chrisshebib/
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