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March Lunch & Learn / Webinar: Understanding P&L’s

Understanding Profit & Loss Statements for Realtors

As a Realtor you are running your own business.  You have income coming in and expenses going out.  The profit and loss statement is where the rubber meets the road.  Are you you making money?  Just because you got a check from your broker doesn’t mean you made money.    To figure it out you have to run a P&L and compare the income that came in versus your expenses.  You should be doing this monthly.  With tax season upon us many of you are also completing your tax returns.    That can be an eye opening experience when you put your expenses on paper!  Additionally, real estate is one of the number one industries that owe back taxes.  Let me help you fix that problem.   During this event I am going to give you all the tools you need to complete a monthly P&L and track the probability of your business.

Hot Topics We Will Cover

Here is a list of some of the things we will cover during the event:

  • Profit & Loss forms
  • Cover office, wage, miscellaneous, & personal expenses
  • Tracking gross income
  • Paying the IRS quarterly
  • Reserve accounts
  • How the P&L relates to income tax and the Schedule C
  • Determinizing what expenses are worth encoring
  • Average expense vs income ratios you should aim for
  • Where other revenue sources come into play

Come learn from one of the best!  Speaker Jeremy Drobeck is in the top 1% of loan officers in Michigan.  He’s helped thousands of home buyers navigate their way to home and ownership.  As the market continues to shift we all have to adapt and find ways to do better.  Our educational series this year is dedicated to exactly that.  If you need help with anything between now and our next event don’t hesitate to reach out.   Can wait to see you there!

Sign Up Today!


Date: March 9th

Time: 12:00 – 1:00

Location: 5830 Venture Park Dr. Kalamazoo, MI 49009

Limited Seating. RSVP required.  Box Lunch will be provided.



Date: March 16th

Time: 10:30 – 11:30

Zoom Webinar




2023 Calendar of Education Events for Realtors 

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October Lunch and Learn: Unconventional Lending In An Unconventional Market

1 Hour Con Ed Credit Available!

The real estate market is constantly changing, leading to many challenges for buyers and sellers alike.  Never has there been a greater opportunity to leverage innovative lending solutions to better serve your clients.  As you know we think outside of the box.  Yes we do lots of loans that fit in the box, but getting the deals done that don’t fit in the box can make all the difference in this market.  During this class we will cover some more unique loan programs and ways to structure transactions to help get offers accepted in an unconventional world.  This class is approved for 1 hour of continuing education thank you Devon Title for sponsoring the continuing education portion of this event!

Hot Topics We Will Cover

Here is a list of some of the things we will cover during the event:

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