

Profit First for Real Estate Investors
David Richter
You’re a real estate investor who is passionate about real estate and making a difference in your community. You’re a hard worker and you love the freedom that comes with being your own boss and owning your own business. You started this business because you wanted more time and money in your life, but financial freedom seems to always be on the other side of that “next” deal. Like most real estate business owners, you are broke and have no control over your finances, and it’s hard to admit it. You know how to make a lot of money, and you keep working harder and harder, but have little to nothing in your bank accounts to show for it. You give the keys to your finances to some bookkeeper or accountant that you “hope” will fix all the problems, yet the problem seems to get worse. You often feel like a rat in a maze, sometimes living from deal to deal, hoping to work your way out debt. This leads to feelings of stress and overwhelm because you aren’t paying yourself enough and you’re just one bad deal away from going out of business. It’s time to stop living paycheck to paycheck and start actually keeping more of the money you work so hard to make! To have less stress, less confusion, to sleep better at night, and have a healthy, profitable business that enables you to have more time with your friends and family, not less. It’s time to start putting more actual profit in your pockets and know what you can spend on yourself, your family, and on growing your business. The key to this future is to put profit first and have a system for your cash flow that is dependable and reliable. Cash is not king, cash management is king.When you control your cash, you control your business. And when you control your business, you’ll have more profit and more time to do more of what you love. You got into this business to achieve true time and money freedom in your life and I’m here to show you, that with the right systems in place, you can have all of those things…and so much more. We’re the Profit First for Real Estate Investors Podcast, where we put profit first because it changes the way we live our lives, build our businesses, and pursue the things that matter the most. Our mission is to make money “one less thing” you worry about by empowering you with the tips, tactics, and strategies you need to finally take control of your finances…and of your life. Join us each week on the Podcast as we speak with real estate investors from around the country who put profit before expenses, value substance over status, and place the health of their business above growing their egos. In each episode, real estate investors from across the country will share how they’ve completely changed their business by implementing Profit First. You’ll hear how these battle hardened real estate investors were able to completely turn around and revolutionize their businesses, and in many cases, their lives, and learn from their mistakes and failures...so you can avoid doing the same things in your own business. We focus on the journey to greater profitability and cash in your pocket without becoming a financial wizard or needing to close more deals. Earning more money and keeping more of what you earn is the only true path to freedom. You don’t need to do more deals to keep more money, you just need to take your profit first. Welcome to the Profit First for Real Estate Investors Podcast.
Episodes
Mentioned books

Aug 17, 2021 • 27min
How Important Are Lender Relationships with Jay Conner
Do you know how private lending works? Today, I have the pleasure of hosting a private lending guru, Jay Connor. He’s been buying and selling houses for 14 years in a population of only 40,000, with profits averaging 64,000, rehabbed over 300 houses been involved in over $52 million in transactions. Past seven years, Jay has completely automated his seven-figure income business to where he works in his business less than 10 hours per week. He’s consulted one on one with over 2000 real estate investors who raised 2.1 million in less than 90 days in private money. He’s a commercial developer, national speaker on the topics of private money, automation, and foreclosures. Also, he is the bestselling author of the new Master of Real Estate getting deals done in the new economy, leading expert on private lending, marketing, and business development.In this episode, Connor will be helping us understand private lending. He will tell us how he got his first private lender, mistakes to avoid, and share some private lending tips.Listen in and learn.Key Talking Points of the Episode:[01:59] How Connor got into the real estate world[05:00] How Connor secured his first private lender[16:05] Mistakes people make when entering private lending[20:59] Private lending tipsQuotable Quotes:“My definition of coincidence is God’s way of staying anonymous.”“When you’re using private money, obviously, you’re going to have to be buying properties, at a discount.”“If you don’t tell people about your private lending program, you are doing them a huge disservice by not letting them know this vehicle where they can make a lot of money safely and securely.”“The easiest time to raise private money is when you don’t need it.”Connect with Jay Connor:Website: https://www.jayconner.com/Grab Connor’s book at a discount: https://www.jayconner.com/products/wtgtmn-disc/Are you interested in working with us and implementing profit first in your real estate business? Start your application process today https://simplecfosolutions.com/

Aug 10, 2021 • 31min
Profit First Radically Changed His Business: An Interview with Chris Jefferson
Chris Jefferson has been a Real Estate Investor for 10+ years. He coaches others on the power of Real Estate and how to get into the business by wholesaling!

Aug 3, 2021 • 34min
The power of being able to control your finances with Joe Dillon
Joe Dillon is the CEO of Elevate Coaching Group. He has a lot to offer in the Real Estate investing world. He's someone I want you guys to learn from.

Jul 27, 2021 • 15min
Profit First Radically Changed His Business: An Interview with Richard Brewer
Richard Brewer is a Real Estate Investor and has a Construction Company. Listen as he tells his Real Estate Investing journey and mindset.

Jul 20, 2021 • 32min
Profit First Radically Changed Her Business: An Interview with Whitney Nicely
In today's episode, we have a very exciting guest! Meet Whitney Nicely. She's the head of Knox REIA, a book writer, a Real Estate Broker, and helps people get into Real Estate. Listen to her story and learn a lot.

Jul 6, 2021 • 31min
Profit First Radically Changed His Business: An Interview with Gabe DaSilva
Gabe DaSilva is the owner of Real Estate Riches podcast and a master home builder. Listen to him as he discuss why Real Estate is the best way to pass legacy and how Profit First made an impact on his business.

Jun 29, 2021 • 23min
Profit First Radically Changed His Business: An Interview with Joe Evangelisti
Joe Evangelisti is the CEO of Hero Home Buyers. He's done over 1000+ flips in the last 12 years. Listen in today about how he started his Real Estate Journey and how Profit First changed his business.

Jun 22, 2021 • 21min
You need to take Action: An interview with Robert Syfert
Robert Syfert is the owner of realestateinvestor.com, Robert is a highly sought out speaker in both real estate investing and software solutions. He’s a philanthropist, and he gives back to the industry through his mentorship program and business coaching services.

Jun 15, 2021 • 28min
Profit First Radically Changed His Business: An Interview with Shannon Robnett
In this episode Shannon Robnett tells how he started real estate investing and how Profit First made a huge impact on his business. Shannon has been in the real estate industry for over 40 years. He has been involved from start to finish on over $250MM in construction projects covering the gamut from multi family,professional office buildings to City halls, fire and police stations, schools, industrial and mini storage.

Jun 8, 2021 • 15min
How he started Real Estate Investing: An Interview with Kapil Singla
Today we have a truly INCREDIBLE guest! Kapil Singla tells how he started real estate investing at a young age.