Episode 312
Profit First for Real Estate Investors with David Richter
David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 7 years which include wholesale, turnkey, brrrr, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out the door.
With the unique opportunity of being in every seat as a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went. David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system.
He wrote Profit First for Real Estate Investors. This book is a derivative of the original Profit First by Mike Michalowicz that is tailored specifically for Real Estate Investors.
His goal is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances. He wants to bring investors true financial clarity and freedom, and help every investor stop living deal to deal.
We chat about:
- How to create, keep, and grow your wealth
- How to build and leverage your network
- The key to understanding your numbers to unlock financial clarity and mastery
- How to generate additional profit from the deals and businesses you already have
- Why you need a cash flow management system to keep your wealth (and the steps to do it)
- How to design an exit plan that brings you generational wealth, meaning, and fulfillment
- And much more!
Connect with David Richter!
- Website: https://simplecfobook.com/
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- Website
- Join the REI Mastermind Network on Locals!
- Apple Podcasts
- Google Podcasts
- YouTube
- Spotify
- Stitcher
- Deezer
- Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
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