Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

42
Posts
11
Votes
Arty Fresh
11
Votes |
42
Posts

is this financial statement layout acceptable to banks

Arty Fresh
Posted

what do you guys think of rich dads financial statement ? this one --> https://www.richdad.com/MediaL...

I was thinking of hiring a bookkeeper for $5-10 month to do all this for me and I can just send them my emails of my paycheck deposits and my email alerts for each transaction and save time by having someone else do it for me.

I understand that you do your own financial statement etc but at this point I rather just pay someone $5 to do it for me. its only 5 lol. but I want to give them an example to follow.

I want to receive monthly statements. what you guys think of everything listed in that one?

I have 0 assets at the moment but looking to change that soon by getting two rental properties. I have a bi-weekly check, expenses and liabilities (credit cards) that I am working on paying off.

do I have to tell the bookkeeper all my credit cards and the balance I owe on them? probably more likely correct?

what other info should I give to the book keeper

I am 33yr and just learned about a "financial statement" from reading rich dads/Robert Kiyosaki books. where he says how he goes to a bank and ask for a 10-20million dollar loan and provides the financial statement, then he gets 20 million loan/debt to invest in real estate and then pays back the bank and himself. I want to achieve that type of level. I am at the bottom now. but want to work hard to do the something Robert Kiyosaki did

Loading replies...