

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

Jun 2, 2021 • 26min
Profit First Radically Changed His Business: An Interview with Jason Wojo
Employee turned unlikely entrepreneur, Jason Wojciechowski (Wojo) first came to Lifeonaire as a founding Titanium student in 2009. On the surface he looked successful – he had a Ph.D. from Duke, a well-paying, secure job, a new home in a gated community, and all the trappings associated with “living the dream”. But inside he knew that something was wrong. There had to be more to life than this, he thought. He was in debt, stressed, unfulfilled, overworked, and desperate to live on his own terms.

May 26, 2021 • 28min
Moral Responsibility of Real Estate Investors to Lenders
David Phelps is the owner and founder of Freedom Founders. He is an investor and private lender and we talk about the concepts of profit first and talk about how running on Profit First is attractive to Private Lenders.

May 11, 2021 • 22min
Increasing your Cash Flow: An interview with Chris Miles
Chris Miles, is a leading authority on how to quickly create cash flow and lasting wealth for thousands of his clients, entrepreneurs, and others internationally! He has been featured in US News, CNN Money, Bankrate.com, and has a high reputation for getting his clients life-altering financial results in his company, Money Ripples.

May 4, 2021 • 29min
New Rules of Real Estate Investing with Zach Beach
Zach is Amazon Best-Selling Author of The New Rules of Real Estate Investing and revised edition of Real Estate On Your Terms. He has been an authority in real estate for 7 years now and have personally completed hundreds of real estate transactions and mentored investors to complete thousands of transactions.

Apr 27, 2021 • 29min
Volume driven vs Profit driven: An Interview with Steve Trang
Today we have a truly EXCEPTIONAL guest!Steve Trang is the founder of the Real Estate Disruptors movement, which has now grown to tens of thousands of followers, with new community members sharing their success stories every week. Steve also created the OfferFast Homes app. The app’s purpose is to help wholesalers jump-start their careers faster by putting all buyers in one place. Listen in as he shares his real estate journey and his insight on Profit First!

Apr 20, 2021 • 35min
What you want to avoid starting in Real Estate? with Tom Olson
Today we have Tom Olson with us. Tom Olson is the CEO and founder of The Olson Group, Good Success, and the Good Success Mastermind. A mastermind that allows you to connect with those who are successful and living the dream that you want to achieve. And in today's episode he shares his real estate journey and share his thoughts on Profit First.

Apr 13, 2021 • 29min
How to scale profitably? with Brian Snider
Brian Snider is a CEO & Broker at Simple Wholesaling based in Indianapolis, Indiana. He joined Brett about three years ago, and the two worked together to build Simple Wholesaling. Today, he talks about how him and Brett got started in real estate, partnering up, and Brett stepping into the owner’s box.

Apr 6, 2021 • 29min
Interested in Virtual Real Estate Wholesaling? with Paul Lizell
Meet this week’s guest. Paul Lizell! Paul is a founder of JP Homes Inc., HouseDealsAmerica.com and REO Auction Academy, Paul has been a successful real estate investor since the late 1990s. And when it comes to virtual wholesaling he is a BEAST! Listen in to learn his journey and his own strategy to rock the virtual investing world.

Mar 30, 2021 • 22min
Want to get started in Real Estate? with Shaun Young
Meet Shaun Young! Shaun is a real estate investor, coach and an author of the best-selling book “Adventures is Wholesaling” He has created a course to help people who want to start in Real Estate and allow themselves to create a life they always have dreamed of! Listen in as he shares his Real Estate journey story and breaks down his course.

Mar 23, 2021 • 38min
Profit First Radically Changed His Business: An Interview with Gary Boomershine
Today we have a good old friend of mine. Gary Boomershine! Gary is the founder and CEO of RealEstateInvestor.com. RealEstateInvestor.com is a vertical solution provider in the Real Estate Niche, servicing real estate investors, agents, and private lenders. Their flagship service, REIvault.com, provides managed marketing, shared systems, and proven results. In today’s episode, Gary shares his story on how the Profit First system changed his life and business.