Profit First for Real Estate Investors

David Richter
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Oct 24, 2023 • 34min

Mindset Shifts for Financial Liberation: Real Estate Success Stories

"I don't want to be a slave to a salary or wage. I don't want to be trapped. I want to be free from all of that."In this episode of Profit First for REI podcast, we have Tom Zeeb. He is an author, national speaker, trainer, and real estate entrepreneur who once wanted to break free from his 9-to-5 job.From having six figures in debt, Tom now works with other real estate investors to achieve their goal of financial freedom by getting their businesses built correctly.Listen as we share how to do profitable deals. Enjoy the show!Key Takeaways:[01:04] Introducing Tom Zeeb[02:45] Living beyond his means[09:26] Having a network of people in his journey[12:19] Tom's first successful deal[19:49] Being financially and budget-conscious[25:03] The multi-exit strategy approach[31:28] Connect with Tom ZeebQuotes:[07:40] "I should have found a mentor or at least found a system of how-to that I can follow and make things happen."[12:30] "The first deal is awesome... but the second deal is more important."[21:19] "Everyone thinks they are planning ahead but their action just living moment to moment, day to day."Connect with Tom:Website: https://www.tomzeeb.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Oct 17, 2023 • 32min

Effective Marketing for Real Estate Investors with Brandon Bateman

There are a lot of things you could do if you have money, but what to do if you don't have money?No worries! In this episode of Profit First for REI podcast, we have Brandon Bateman. He is an expert marketer and has done many things in real estate.He is also an expert in trial and error and goes over the frameworks of inbound-outbound marketing. Listen as he shares how important the numbers are in your business and what most real estate investors struggle with.Enjoy the show!Key Takeaways:[01:00] Introducing Brandon Bateman[05:10] What does the CFO do?[07:27] PPC, SMM, SEO[12:24] Inbound-Outbound Marketing[19:15] What inspires Brandon to do marketing[24:27] Brandon's book recommendation[29:06] Connect with Brandon BatemanQuotes:[05:15] "What we do is we help investors find success with their online marketing."[12:38] "You could put all marketing channels on a scale from inbound to outbound."[15:01] "If you are just starting up, I think the question you have to ask yourself is, 'What do I have a lot of, and what do I have very little of?'"Connect with Brandon:Website: https://www.batemancollective.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Oct 10, 2023 • 33min

Real Estate Success: From Engineering to Real Estate Financial Savvy

In this episode of Profit First for REI podcast, we have Ted Manahan. Ted is an engineering graduate turned real estate investor in the Bay Area in California.He talks about the money mindset that hindered him from growing his business and how he overcame it. Ted also talks about how his significant other has gained from Profit First and shares some great culture on the road to financial freedom.Listen and enjoy the show!Key Takeaways:[00:41] Introducing Ted Manahan[07:02] The Saver Mindset[09:30] How the "Scarcity Mindset" hindered Ted[14:42] Finding and Treating Employees[18:33] Protecting the culture inside the company[22:19] Ted's book recommendation[25:33] Talking more about his business[31:09] Connect with Ted ManahanQuotes:[07:54] "I was always saving money, always. For me it was freedom, it was to get away from a situation that was not ideal."[13:27] "You have to standardized process. As you do the process, you are going to learn how to do it better."[17:23] "Once they are there in your company, train them. Give them the tools. Give them ownership."Connect with Ted:Website: https://www.bayhomebuyers.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Oct 3, 2023 • 28min

Achieving $20 Million in Real Estate Volume: Tony Clark's 12-Month Success

Telling about his Profit First journey, we have Tony Clark in this episode of the Profit First for REI podcast.Tony is a real estate agent/investor who did many things in real estate, including wholesaling and helping other agents become successful.Listen as he shares some money mindsets many people have gone through and how he was able to break through them and come out better on the other side.Enjoy the show!Key Takeaways:[00:56] Introducing Tony Clark[01:51] Why Real Estate?[04:50] About his team and finding the right niche[12:03] Life before and after Profit First[16:54] Being stuck in a start-up mindset[21:52] One habit that contributed a lot to Tony's success[26:14] Connect with Tony ClarkQuotes:[02:17] "Real estate is just a really tangible option for running a business, and I can see it, I can feel it."[12:13] "Implementing Profit First made my wife much happier... before, I was just always chasing the next deal and didn't have a system in place."[17:12] "Things that can be healthy for a period of time aren't always healthy forever."Connect with Tony:Website: https://www.agentos.io/  Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Sep 26, 2023 • 35min

From Teaching Spanish to Teaching Accounting: Shannon Weinstein's Journey

Do you want some honest and helpful information to help you achieve financial freedom?We have Shannon Weinstein for today's episode of Profit First for REI podcast. Shannon is a financial expert, podcast host, and entrepreneur. She is ready to take complicated subjects and make them very simple. Shannon also talks about reasons why we don't pay ourselves enough. Learn more about this topic and the psychology behind it. Enjoy the show!Key Takeaways:[01:19] Introducing Shannon Weinstein[03:22] When Shannon started to help people[06:32] The Language of Business[13:02] Leaving her corporate job[18:46] Why don't people keep more of what they earn?[21:26] Shannon's work as fractional CFO[29:12] About tax laws[33:05] Connect with ShannonQuotes:[06:45] "When you speak it (language of business)... I forget other people don't speak it, you don't have that perspective."[18:45] "Why don't people keep more of what they earn?... The main reason I think is because they are not paying attention to what the number is to tell them." [26:15] "You never really gonna be feel ready... you have to start the habit now."Connect with Shannon:Website: https://www.fitnancialsolutions.com/   Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Sep 19, 2023 • 31min

From Big Four to Real Estate Profit: A CFO's Journey and Tips

With her over eight years of experience as a CPA in tax services and being one of the top Chief Financial Officers, this is an exciting episode of the Profit First for REI podcast.  Today, we have Mehak Begemann sharing some top tips that help you understand where you are in the journey as an owner or as an operator. She also shares her investing journey that will inspire you! Listen and enjoy the show! Key Takeaways:[01:13] Introducing Mehak Begemann[02:07] Professional life as a CPA[06:40] Mehak started to get interested in real estate[11:05] Indicators for clients that are winning[13:54] Two types of owner[18:20] Cool client testimonials/story[24:24] Her fun experiences working with clients as CFO [29:36] Connect with MehakQuotes:[12:01] "Owners should be able to answer what their operating cost is at least on average."[21:07] "You can't build unless you know where you are at today."[22:38] "Whatever doesn't get measured gets lost." Connect with Mehak:Website: https://www.instagram.com/mehakbegemann/?hl=en Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Sep 12, 2023 • 35min

Leadership, Team Performance, and Trauma Freedom with Annie Yatch

Want to know more about Profit First and how it works best for business owners and becoming better leaders?Listen to this Profit First for REI podcast episode as we interview Annie Yatch. She has been an entrepreneur for 15 years but originally started working in the Defense Intelligence Agency. Annie talks about trauma, trauma freedom, and how it affects potential leaders in the real estate industry! Enjoy the show!Key Takeaways:[00:54] Introducing Annie Yatch[04:07] What is trauma? [06:08] Trauma and your calling[12:41] Good saver, bad spender[16:54] Where did Annie get knowledge about people's behavior?[22:50] Three big gaps in companies[27:17] Profit First and role in trauma freedom [31:12] Connect with Annie YatchQuotes:[04:06] "Trauma has to do with any time in your life that there is a perceived lack of control."[06:08] "If you figure out what your trauma is, you figure out what your calling is as well."[19:38] "Every problem that you experience in business is a behavior problem... a behavior you have to start, a behavior you have to stop, or a behavior you have to modify."Connect with Annie:Website: https://reisalestools.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Sep 5, 2023 • 36min

From Construction to Wholesaling: A Backwards Journey to Success

"Real estate is the byproduct of caring."In this episode, we interviewed Phillip Vincent. He is the founder and owner of Mom's House. Mom's House is one of the most trusted home buyer networks for seniors moving into senior living.No matter what type of seller you walk into, either virtually or over the phone, get to know how to get the deal done through relationship building and better rapport.Listen and enjoy the show!Key Takeaways:[00:57] Introducing Phillip Vincent[02:13] How he got into real estate[05:01] The driving force of becoming an entrepreneur[13:45] How Mom's House started[18:13] Branding, scripting, what to say, what not to say[22:37] Why do you think investors live deal to deal?[29:28] Phillip's advice to real estate investors[32:03] Get to know more about Mom's HouseQuotes:[03:11] "I've learned two things: I've learned not to get old and if you do, be rich."[07:26] "The thing about real estate is you can make 50 grand today and lose 80 grand tomorrow."[21:32] "A wholesaler is not an identity, that's an exit strategy."Connect with Phillip:Website: https://momshouse.com/ Tired of living deal to deal? If you are a real estate investor or business owner tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either I or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Aug 29, 2023 • 39min

Unpacking the Profit First Approach with Jason Marks

This week's episode will save your business and will give you hope to start with your life!The guest for this episode of Profit First for REI podcast is Jason Marks. He has been in the business for 12 years and has run different companies. One of these is a wholesale company.Listen as he shares his experiences on how he started making money and increased profitability through Profit First. He also tells about the stress of the taxes and how Profit First saved his life! Enjoy the show!Key Takeaways:[00:59] Introducing Jason Marks[04:05] Jason's craziness before Profit First[09:29] How goal setting helped him in his investing journey[15:08] First hire in his business[16:33] Importance of delegating[23:19] Jason's tough times[28:51] Making decisions based on your bank account and your goals[34:05] Advice to first-time investors[38:12] Contact us!Quotes:[13:26] "It's very important that you have to know what you want because you also have to get ready if you don't get it."[17:29] "If you're not good at it and don't like it, you should not be doing it."[28:51] "To run a successful business, you need to make decisions based on your bank account and your goals."Connect with Jason:Website: https://simplecfo.com/  Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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Aug 22, 2023 • 39min

From Claustrophobia to Financial Freedom: Aaron Chapman's Remarkable Path

What are the things many real estate investors are doing, and what should they be doing?In this episode of the Profit First for REI podcast, Aaron Chapman shares his experiences in real estate investing, especially on the mortgage side.Aaron is a veteran in the finance industry and has been doing loans since 1997. He is a published author and has released books and tons of magazine articles. He also runs a team and is now sharing his wealth of knowledge with us!Know more about him and enjoy the show!Key Takeaways:[00:57] Introducing Aaron Chapman[05:51] Transition from working outdoors to being a telemarketer[13:23] Why do you think investors live deal-to-deal on their business?[17:42] Importance of life insurance to Aaron's financial freedom[25:57] First-time home buyer program [29:43] About his books[35:37] Connect with AaronQuotes:[12:40] "Our focus is on giving people practical data to make decisions with, not speculation and theory."[13:27] "Good judgment comes from experience, and experience comes from bad judgment."[33:45] "The most useful, elegant, and powerful tool ever created is the human mind, but if you misuse it for a split second, it can destroy not just you but everything around you."Connect with Aaron:Website: https://www.aaronbchapman.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David

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