The Real Estate Chart of Accounts

#SimpleNumbersInc #FinancialManagement

Are you confident your real estate team is as profitable as it looks on paper? Many leaders trust their CPA’s numbers, only to discover later that their own production is masking deeper issues in the business. Today, I’ll explain why most team leaders miscalculate profit and how adjusted net profit gives you a clear view of your team’s true financial health. You’ll learn how to break down your numbers, expose hidden costs, and see whether your model can stand without you selling. Get the full breakdown in my latest video. Learn more: #SimpleNumbersInc #FinancialManagement #AdjustedNetProfit Timestamp: 00:00 — Intro 00:30 — Adjusted net profit 01:00 — The correct way to build your RE business 01:31 — How to calculate your adjusted net profit 02:47 — Your actual total revenue 03:29 — Reach out ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Do you know what your real profit looks like once your own production is removed? Many team leaders are shocked to learn they’re barely breaking even when the numbers are adjusted correctly. Today, I’ll break down how to calculate your adjusted net profit and what it reveals about your business health. You’ll understand the difference between running a real business and simply working another job. Get the full breakdown in my latest video. Learn more: https://blog.simple-numbers.com/the-hidden-truth-behind-your-real-estate-profit.html Timestamp: 00:00 — Intro 00:17 — Misleading traditional accounting 00:41 — Adjusted net profit 01:12 — Reality checks for team leaders 01:44 — Reach out #SimpleNumbersInc #FinancialManagement #Profits ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Do your tax reports really show how healthy your business is? Many owners rely on numbers built for tax savings, not for measuring true profitability. Today, I’ll explain what adjusted net profit is and how it gives you a clear picture of your real earnings. You’ll see how to calculate it, identify hidden costs, and measure your true business strength. Get all the details in my latest video. Learn more: https://blog.simple-numbers.com/how-to-measure-your-business-s-health-using-adjusted-net-profit.html Timestamp: 00:00 — What is adjusted net profit? 00:17 — Tax lens 00:48 — Indirect expenses 01:11 — Owner production adjustment 01:47 — The formula for adjusted net profit 02:24 — Examples 02:37 — Reach out to me #SimpleNumbersInc #FinancialManagement #AdjustedNetProfit ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement

Do you ever look at your financial reports and feel a sense of dread? You know the numbers are important, but you can't tell the true health of your real estate business. That confusion ends now. Today, I’m going to share a real review of a team’s experience with our specialized bookkeeping. You’ll see how moving to a specialized bookkeeping service eliminated their financial stress and gave them a clear, strategic advantage. Click below to transform your financial fog into absolute clarity. Learn more: https://blog.simple-numbers.com/client-review-why-real-estate-teams-trust-simple-numbers.html Timestamps: 0:00 – Intro 0:32 – The real estate lens advantage 1:27 – Simplifying complex finances 1:45 – Client testimonial #SimpleNumbersInc #FinancialManagement #BookkeepingTips ------------------------- 🔻TAKE THE NEXT STEP 🔻 👉Book a Consultation https://calendly.com/simple-numbers123/quote-request 👉Free Real Estate Chart of Accounts http://www.freecoa.com/ 👉Sign Up for My Video e-Newsletter https://signup.e2ma.net/signup/2005418/1808225/ 🔻ABOUT US🔻 Andy Mulholland, who retired in 2018 at age 34 from a successful real estate career, now enjoys life with his wife Ellyn and 4 beautiful children on their Minnesota farm in the summer and their family home in Scottsdale, AZ in the winter months. With a background in leading a top real estate team for over a decade and an understanding of the critical role of clear financials, Andy, along with his wife Ellyn, a seasoned real estate CFO, co-founded Simple-Numbers. Their mission is to simplify financial management for real estate businesses, drawing from their extensive experience to help clients achieve the financial freedom they’ve enjoyed. 🔻CONTACT INFO🔻 Andy Mulholland Simple Numbers Inc. 📧andy@simple-numbers.com 💻simple-numbers.com 🔻FOLLOW US 🔻 https://www.facebook.com/profile.php?id=61566348623138 https://www.instagram.com/simplenumbersre/ https://www.linkedin.com/in/andy-mulholland-b9a03832a/

#SimpleNumbersInc #FinancialManagement