INVESTOR RESOURCES
BUSINESS
Ditch the Spreadsheets LEARNING TO BETTER MANAGE A SINGLE-FAMILY REAL ESTATE BUSINESS
by Rob Fuller, HouseFolios
the expert home renovator that was forced kicking and screaming to enter information into a spreadsheet can delete critical formulas and throw off the entire team. Even worse, you get all your data entered and then flip to the most important cell in your spreadsheet; the one that says how much mon-
o matter how much time you’ve spent in real estate, chances
ey you’re going to make, only to get the dreaded !#VALUE. That means something is broken and it’s proba- bly your job to fix it. Adam and Rob, co-founders of Housefolios, know the pain too well. They made offers based on bad num- bers that lost them money, broke even on properties that they thought
N
are you have logged some serious hours staring at a computer screen, trying to make numbers work on a spreadsheet and making sure you haven’t made any mistakes. If you have a team, you’re only as good as your weakest link. That means
72 | think realty magazine :: january – february 2022
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