Your current accountant is not helping you grow your wealth. Let’s face it: you need to fire your CPA! This will no doubt be scary and uncomfortable. Luckily, successful multifamily real estate investor Rob Rowsell has been down that path before.
Hiring A New Accountant Can Be Daunting – But Necessary!
One of Rob’s callers reveals to the group that he is currently in Act 2 of the Money Game. That means that he is past the point of relying solely on his W2 income and is starting to amass passive income from his investments. However, he believes the knowledge he has gained about investing may be more advanced than his current CPA.
Hiring a new accountant may be crucial. However, he has worked with this financial advisor for a long time. Making the jump is an intimidating prospect. He is concerned about the additional costs, as well as the trust factor.
Rob acknowledges that it can be painful and uncomfortable breaking away from a longtime business partner such as your CPA. Make sure you seek out referrals from others in your industry. Rob often provides referrals to others who are hiring a new accountant. However, they may not be the best fit, depending on how big or complicated the account is. Keep in mind that you will need to provide some information of what stage or season your business is in.
Hiring the right CPA for your current stage is crucial for financial planning. Overcome your fears, and make one of the most important choices in growing your wealth today!
Join Our Multifamily Investing Community Today
Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online financial group, the ATL Inner Circle Community!
Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up for a free call today!