

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

Oct 27, 2020 • 28min
Profit First Radically Changed His Business: An Interview with Ben Fredricks
Ben has used Profit First for about 2 years and it has radically transformed his business. Listen how his business partner was constantly losing sleep before the system but has greater peace now.

Oct 20, 2020 • 25min
Profit First Radically Changed His Business: An Interview with Gene Guarino
Gene is the owner and founder of RAL Academy - Residential Assisted Living Academy. He has implemented Profit First and learn how it changed his business after over 20 years of not knowing the numbers.

Oct 13, 2020 • 33min
Profit First Radically Changed His Business: An Interview with Gary & Susan Harper
Gary & Susan help Real Estate Investors with Systems and Processes in their business. They implemented Profit First in their business and preaches everyone should in theirs as well.

Oct 6, 2020 • 30min
Profit First Radically Changed His Business: An Interview with Cody Barton
Cody Barton is partners with Pace Morby. After listening to Pace's interview, make sure to listen to Cody's. Cody is the implementer/integrator of Pace's business and gives a different perspective of Profit First which you'll love!

Sep 29, 2020 • 32min
Profit First Radically Changed His Business: An Interview with Pace Morby
If you don't know Pace, you are missing out. He is the "Subto" King. He runs several businesses and education companies and implements Profit First in all of them. He also brought his bookkeeper on the call who helped implement Profit First.

Sep 22, 2020 • 30min
Profit First Radically Changed His Business: An Interview with Joe McCall
Joe McCall was the man who introduced me to Mike's books years ago. He has helped thousands of investors with his education and also does deals himself. Learn how Profit First radically changed his business and life.

Sep 15, 2020 • 30min
Know and Grow YOUR Cashflow
In this episode Tim Joins David to discuss EXACTLY what to look for in a GREAT bookkeeper.

Sep 8, 2020 • 33min
Laying The Foundation of Profit First For Real Estate Investors
In this episode we discuss the foundation of Profit First and how it all works, and why it's the best financial managment system for real estate investors.

Sep 1, 2020 • 29min
The Impact of COVID-19 On Real Estate
Today our main theme is to discuss the impact of COVID-19 on the real estate industry.

Aug 25, 2020 • 30min
The Power of FOCUS
In today's epsiode we discuss the power of focusing on your ONE thing. The reality is opportunity is EVERYWHERE but the only way to truly gain success, is by deciding on ONE choice.