Many business owners and real estate investors make money but struggle with profitability. In this episode, David Richter shares his journey from scaling to 25 deals a month yet barely keeping any profit, to discovering and implementing the Profit First system. Now, as the author of Profit First for Real Estate Investing and founder of Simple CFO Solutions, David helps entrepreneurs keep more of their hard-earned money and build true financial freedom.

Key Takeaways:

• Why making money does not equal keeping money

• The three must-have bank accounts for financial clarity

• Avoiding the “hope and pray” financial strategy

• The biggest financial mistakes investors make

• How to implement Profit First in your real estate business

• Why a fractional CFO might be your secret weapon

Free Resource: Get David’s Profit First Checklist 

Resources Mentioned:

• Profit First for Real Estate Investing – https://simplecfosolutions.com/profit-first-david-richter/

• Simple CFO Solutions – SimpleCFO.com

Episode Sponsored By:

Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/

CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!