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In this episode, we ask:
- Do you remember Mr. Roger’s lessons?
- How might the Profit First system work with real estate investing?
- Who is David Richter?
- What about great role models?
- What about emotional intelligence?
- What is key for business owners?
- When did David’s first deal happen?
- What happened to that company?
- What happened when David moved across the country?
- What about make, spend and keep?
- What is a fractional CFO company?
- Would you like to hear Amanda Neely on Episode 165?
- Have you played the cash flow game?
- Who is living deal-to-deal?
- What about paying yourself first?
- What is Profit First in a real estate investing context?
- What is the biggest challenge for real estate investors when it comes to making a profit?
- What about the culture’s drive for more, more, more?
- What about making money and keeping it?
- What game are you playing?
- How do Bank on Yourself® type whole life insurance policies take it a step deeper?
- What are some examples of quarterly and annual accounts?
- What fits right in?
- What turbo-charges Profit First?
- What about the legacy play?
- What about saving?
- What can business owners do to start?
- Do you have a handle on your cash?
- What about the Profit First cheat sheet?
- Can you learn to keep it?
- How does following simple systems change everything?
- Would you like to visit simplecfo.com/gift ?
- What are the takeaways?
David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and other exit strategies.
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 has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages.
David authored Profit First for Real Estate Investing – a derivative of the original Profit First by Mike Michalowicz, tailored specifically to Real Estate Investors. His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal.