Episode 102: Cash (flow) is king

Stuart and Simon are talking cash flow and explaining how they manage (or not) cash flow in their own businesses. Hear why they've chosen different approaches for their own situations and some mistakes you can learn from. The chat this week includes: Stuart's cash flow "situation". Putting together a detailed cash flow forecast. Managing cash flow by setting/adjusting dates. The value and importance of having a cash flow forecast. Recording monthly transaction in PaTMa with Open Banking. Residential, family, single lets can be treated very differently for cash flow. Lumpy expenses, can be better! Cash is king. Please leave us a rating and review if you're enjoying the show. This podcast is produced in association with PaTMa, the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Start a FREE trial today.

Om Podcasten

The Business of Property follows the journey of two entrepreneurs working in the property world. Stuart is a property investor with a focus on HMOs, mostly for the student market. He prefers a hands-off approach with most of his investment properties being remote. Simon has a small portfolio of vanilla buy-to-let properties that he mostly self-manages. To make his property management easier he created Property and Tenant Manager (https://www.patma.co.uk/). Simon and Stuart, along with guests, discuss the ups and downs they're experiencing in their property businesses. Along the way they share property news, business tips and anything else that happens to crop up their weekly chats. Popular episodes include: Getting started in property (https://www.thebusinessofproperty.com/59) - the first in a mini series discussing topics to consider when starting in property investment. Property investment terms (https://www.thebusinessofproperty.com/12) - great if you're just getting started in property and need some help understanding the common jargon. Property strategy terms (https://www.thebusinessofproperty.com/13) - another jargon busting episode that's great if you're early in your property journey or considering changing your property strategy. Less property but relevant to everyone is a discussion on time management (https://www.thebusinessofproperty.com/10). Last but not least are a couple of episodes that talk about angel investing (https://www.thebusinessofproperty.com/14) and property finance (https://www.thebusinessofproperty.com/15) more widely.