MINISODE How to Vet a Real Estate Accountant

<p>Getting a Real Estate Accountant on your team is absolutely vital to the success of your business. They provide you financial wisdom and they help take some work of that full plate of yours. BUT, not all accountants are alike and we need to be equipped to know how to pick the right fit for our businesses.&nbsp;</p><p><br></p><p>Take it from me, I’m on my fourth, yes FOURTH, accountant, because I just didn’t know what I didn’t know. When I finally smartened up and found the right person, not only did he help us, he cleaned up our past tax returns and we actually got money back!&nbsp;</p><p><br></p><p>So what kinds of conversations are you having with your accountant? Do they actually give you valuable insights and strategies on your numbers? Are the majority of their client base even real estate investors?</p><p><br></p><p>In this episode, me and Andressa will break down the questions we believe will help you, not only vet your accountant, but avoid major pitfalls as you scale your business and evolve with your team!&nbsp;</p><p><strong>Quotes</strong></p><p>• “I would say, out of everyone on your team, your accountant… I would even say your accountant over your attorney… is one of THE most important people that you have on your team.” (01:23-01:38)</p><p>• “Honestly I’d rather work with someone who the majority of their client base (and you want to ask them this) actually are real estate investors.” (4:46-4:49)</p><p>• “Do they own property…? I really want to see that they have in their wherewithal and their experience, that it matches in some way.” (7:44-8:12)</p><p>• “Do they have experience with other real estate investors…? If they’re like, ‘Oh, we work with everyone, we help everybody, it’s the same thing, really doesn’t matter,’ it does! I’m telling you, I am on the fourth accountant, it DOES matter.”(8:30-8:48)</p><p>• “Are they tactical or strategic? Do they have strategic conversations with their other real estate investor clients or other business clients on a quarterly basis, so that you ar