#576 Hire a Part Time CFO on Flipping America Radio

Published: Dec. 25, 2022, 10:41 p.m.

After you have figured out how to make money in real estate, the next most important thing you need to learn is how to hang on to it. Today we are talking about some stuff I wish I had known…
David Richter is an active real estate investor who has been essential in closing over 850 deals
over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance,
rentals, lease options, and any other exit strategy you can think of.
While growing and building a real estate business from 5 to over 25 deals a month, he realized
that as much money was coming in, it was all going right out the door. With the unique
opportunity of being in every seat as a real estate investor, he found a calling in the company’s
finance seat to help businesses see where their money really went.
David has helped real estate companies completely turn around from going out of business to
building cash reserves by using the Profit First cash flow system. He has been featured on
Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and
Stages.
To help even more people, he wrote Profit First for Real Estate Investing - a companion to the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors.
His goal is to make a difference by helping real estateinvestors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal-to-deal.