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Part 1 No. 1 The Business of Real Estate: Tom Wheelwright
Part 1 No. 1 The Business of Real Estate: Tom Wheelwright
1
THE BUSINESS
OF REAL ESTATE
Tom Wheelwright
ADI NUGROHO N
08111850080004
THE BUSINESS OF REAL ESTATE
Tom Wheelwright Real estate investing is a business and should
be run like a business
Robert Kiyosaki CASHFLOW Quadrant
• move out of the E (employee) and S (self employed)
quadrants and into the B (business) and I (investor)
quadrants
• move all I-quadrant investing into the B quadrant
• to start acting like a business and apply fundamental
business principles to your real estate investing
Business Principle
1. STRATEGY
2. TEAM TEAM
3. ACCOUNTING 1. Plan.
4. REPORTING 2. Referrals.
5. TAXES 3. Agreements
STRATEGY ACCOUNTING