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Stick To Your Fundamentals

In this episode of the Rental Property Café™ video podcast, Cynthia Meyer and Veronica Woods discuss 6 ways to stick to your fundamentals in a challenging real estate market:

☕ Fundamental #1: Know Yourself and Your Goals [00:02:15]
☕ Fundamental #2: MatchYour Financial Goal With The Right Real Estate Strategy [00:03:33]
☕ Fundamental #3: Know Your Investor Personality [00:06:28]
☕ Fundamental #4: Know What Interests You And What Would Be Fun To Do [00:09:22]
☕ Fundamental #5: It Takes A Team [00:10:15]
☕ Fundamental #6: Run The Numbers [00:12:38]

About the Rental Property Café™:

The Rental Property Café™ podcast offers a real estate tool kit for busy professionals who are building a real estate portfolio. In each episode, co-hosts Cynthia Meyer & Veronica Woods explore ways to grow a successful real estate business while growing your career.

Connect with Cynthia Meyer:

Want more insight?

Schedule a New Investor Discovery Call

Schedule a Seller Strategy Session

Schedule a Rental Income Strategy Session

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What’s In A Rental Property Budget

In this episode of the Rental Property Café™ Video Podcast, real estate financial planner Cynthia Meyer and real estate advisor Veronica Woods talk about the 6 common rental property budget mistakes that they have seen rental property owners make — and what real estate investors can do to avoid them.

☕ Rental Property Budget Mistake #1: Underestimating All The Variable Expenses [00:02:53]
☕ Rental Property Budget Mistake #2: Not Budgeting Enough For Turnover Expenses [00:06:08]
☕ Rental Property Budget Mistake #3: Not Including A Budget For A Property Manager [00:08:36]
☕ Rental Property Budget Mistake #4: Not Prioritizing To Build Cash Reserves [00:11:33]
☕ Rental Property Budget Mistake #5: Not Monitoring Your Actuals vs. Your Budget On A Regular Basis [00:12:55]
☕ Rental Property Budget Mistake #6: Not Tracking Your Budget At All [00:16:33]

About the Rental Property Café™:

The Rental Property Café™ podcast offers a real estate tool kit for busy professionals who are building a real estate portfolio. In each episode, co-hosts Cynthia Meyer & Veronica Woods explore ways to grow a successful real estate business while growing your career.

Connect with Cynthia Meyer:

Want more insight?

Schedule a New Investor Discovery Call

Schedule a Seller Strategy Session

Schedule a Rental Income Strategy Session

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Ask Yourself These 6 Important Questions When You Inherit Property!

You’ve inherited property. Now, what?

It could be a windfall. It could be something that makes you really nervous about, are you doing the right thing in order to improve your financial situation? The Rental Property Café cohosts Cynthia Meyer of Real Life Planning and Veronica Woods of Daniel Woods Real Estate discuss six questions that you should ask yourself — and be firm on your answers — before you decide what is the best course of action.

☕ Is everyone on the same page about what do with it?
☕ How does this fit into your personal financial goals?
☕ Is it a good investment for you?
☕ How does owning a rental property work with your lifestyle?
☕ Would you be happy with the money you could make today if you sold it?
☕ Who’s on your team?

About the Rental Property Café™:

The Rental Property Café™ podcast offers a real estate tool kit for busy professionals who are building a real estate portfolio. In each episode, co-hosts Cynthia Meyer & Veronica Woods explore ways to grow a successful real estate business while growing your career.

Connect with Cynthia Meyer:

Want more insight?

Schedule a New Investor Discovery Call

Schedule a Seller Strategy Session

Schedule a Rental Income Strategy Session