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
Jan 5, 2021 • 26min
Laying The Foundation of Profit First For Real Estate Investors Part 2
Listen in as David and Jaren go through the beginning of original Profit First and give the key takeaways. This is part 2 to episode #5
Dec 29, 2020 • 23min
Profit First Radically Changed His Business: An Interview with Luke Carl
Luke Carl has short and long term rentals and runs Profit First uniquely in his business. See how he has his setup and how he automates some processes!
Dec 22, 2020 • 23min
Profit First Radically Changed His Business: An Interview with Yassin Shaar
Profit First Radically Changed His Business: An Interview with Yassin ShaarYassin is doing great things in the investing world. After almost losing it all, he came back with a vengeance after implementing Profit First. Listen how in his story.
Dec 15, 2020 • 28min
The Power of Knowing Your Numbers with Mike Hambright
Mike Hambright has done it all in real estate and is also an educator that I respect greatly. He owns FlipNerd and runs the Investor Fuel mastermind.
Dec 8, 2020 • 17min
Profit First Radically Changed His Business: An Interview with Chris Prefontaine
Chris is a very successful real estate investor and educator. Learn how Profit First changed his business and life.
Dec 1, 2020 • 28min
Profit First Radically Changed His Business: An Interview with John Morey
John Morey is a full time real estate investor who had a radical swift in his business using the profit first system. This interivew is TRULY inspirational - you don't want to miss it!
Nov 24, 2020 • 28min
Less Deals More Profit with John Martinez
John Martinez is THE sales trainer for real estate investors. He has helped thousands of investors make more money, and on this episode we talk about how to keep more of that money.
Nov 17, 2020 • 23min
Profit First Radically Changed His Business: An Interview with Bill Kenny & Mike Webb
Bill and Mike run a successful real estate investing company. They have implemented Profit First and it has transformed their business.
Nov 10, 2020 • 31min
Profit First Radically Changed His Business: An Interview with Nick Aalerud
Nick runs a real estate investing company and Profit First changed his business and his life. Listen in on how he implemented the system and how it affected his business.
Nov 3, 2020 • 32min
How Profit First Is Great When working with Private 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.
