FIBI July 28 th- FIBI Real Estate Investors Unite - July Meet-up

Thursday, July 28th 2011

 

6:30PM - 9:30PM  : FIBI Real Estate Investors Unite – July Meet-up

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Contact:

Mathew Owens 
OCG Properties, LLC 
invest@owenscg.com 
(424) 757-4680

Where

 
The Grand Long Beach

4101 E.Willow st

Long Beach, CA 90815

 
Driving Directions 

Thursday, July 28th, 2011

COST: $10

LOCATION: The Grand Long Beach Event Center - 4101 E Willow Street, Long Beach, CA 90815

**********WHAT WE OFFER**********
 
a) Small intimate round-table discussion with real investors
b) No Sales Pitch
c) You can get your personal questions answered

THIS MONTHS MEETING TOPICS:

- Record keeping checklists and how to get organized
- Understanding Quickbooks and how it helps you stay organized
- Bank account reconciliations
- Property accounting - Debits and Credits
- Case studies
- The benefits of proper bookkeeping
- Understanding your financial position (assets, liabilities, income and expenses)
- Classifying journal entries and what it can do for you.
- Statement of cash flows and the importance to your business
- Real estate transactions and booking HUD-1 Closing Statements

Speaker:  Mathew Owens, CPA and Full time real estate investor



Do you know what you are doing with your books?  Did you know that with proper bookkeeping you can save 40% plus on your tax bill at the end of the year, have better financial controls over your expenses and are able to make more informed business decisions.

Proper bookkeeping and reconciliation helps you:

-  Know who you owe money to, who owes you money, and when
-  Know your true financial position
-  Gauge your monthly cash flow, income and expenses. 
-  Cut down your expenses by "trimming the fat" on excess overhead costs.
-  Understand which segments of your business are more profitable
-  Which type of investments are more profitable to invest in.
-  Better analyze your financial statements and perform income shifting strategies for proper tax planning.
-  Understand what you REALLY spend your money on versus what you THINK you spend your money on.

 

6:30PM-7:00PM Introduction / Wants & Needs
7:00PM-9:00PM General Meeting
9:00PM-9:30PM Networking / Building Relationships & Resources

 

1-424-757-4680

 

invest@owenscg.com