Mar 21, 2022

Gita Faust is the owner of FastTracConsulting, a QuickBooks Solution Provider located in Greater Philadelphia, PA. She has earned the recognition of being included in the Top 10 and Top 100 QuickBooks ProAdvisors for multiple years. She is a frequent author at NREIA and a speaker for Intuit for a few years. Gita is an Advanced QuickBooks Certified, Advanced QuickBooks Online Certified, Enterprise and Point of Sale Certified.

Gita is the author of 10 courses for agents, brokers, investors, lenders, property management, syndication and counting on QuickBooks Desktop and Online. In addition to working with QuickBooks users and advisors, Gita provides consulting services to accounting firms and other businesses – helping enable success through technology. 

Let’s dive into her story!

[00:01 - 09:39] Opening Segment

• An accident brought Gita to the Real Estate
• • Why Gita focuses on Real Estate investors
• Gaps in the bookkeeping practices of Gita’s clients 
• • There is so much money sitting unaccounted for
  • What Gita’s clients does before they come to her

[09:40 - 15:46] This is why the bookkeeping business matters

• Why it is important to put it all together
• Overhead expenses
• • Helps you get an overview
  • Let’s you have an aligned goals more fit to your need
• For when people have a bookkeeper
• • What do they do and do not do 
  • Your bookkeeper should understand your industry

[15:47 - 22:38] Choosing the right people matters

• What is a Fractional CFO and why is it beneficial
• • Looks into the whole picture of your business
• The compensation
• What they do for your business
• How automation helps your business
• • Documentation helps a lot!
  • Hire the right people for your business

[22:39 - 25:05] Closing Segment 

• Connect with Gita:

You may reach Gita at Gita@FastTracConsulting.com

Connect to her socials: LinkedIn, Facebook, and YouTube

WANT TO LEARN MORE?

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Or send me an email sujata@luxe-cap.com

Visit my website www.luxe-cap.com or my YouTube channel

Thanks for tuning in!  

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Tweetable Quotes

"I loved the industry because each and every transaction is unique.” - Gita Faust

"Nobody talks about overhead expenses. You have to split it between those properties to really know what your cash flow is. You don’t know your cash flow until you split your overhead expense of the properties you own.” - Gita Faust

"It’s not what they are missing, it’s what they don’t know. It’s not about the bookkeeper, it’s about the investor.” - Gita Faust