Let’s discuss maximizing those returns and making every deal count with David Richter!
David Richter saw Profit First and thought, “Hey, let’s make real estate profits less bumpy.” With Profit First REI, you can decide what’s yours before diving into expenses. It’s like having a clear roadmap for spending and saving, all in your hands. And in today’s episode, he will share the ins and outs of this wealth-building system you never thought you needed.
Like what you just heard? Dive into even more by exploring the Land Sharks Program.
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Show notes:
- (1:16) Beginning of today’s episode
- (6:29) Profit first leads you to better questions about your cash
- (11:11) Utilizing private lending
- (14:15) If you have reserves, you can grow your business
- (16:42) The profit-first system
- (21:20) You need to find what you need for your business
- (22:03) Setting up a bank account-like the envelope method!
- (23:10) Sweep the money first into the profit accounts
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Resources:
- Profit First by Mike Michalowicz
- Profit First for Real Estate Investing by David Richter
- Simple CFO
- Free Ebook, Audiobook and Profit First Cheatsheet- www.simplecfo.com/wholesalinginc
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
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