EP309 How the Profit First System will help you Improve Your Real Estate Finances and Increase Your Efficiency with David Richter

Published: Nov. 29, 2021, 6 a.m.

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My guest today has closed over 850 deals over the past 7 years. \\xa0He\\u2019s tried many different strategies, and noticed something very strange while he was in the process of building a real estate business that was doing 25 deals a month.\\xa0 What he realized was that the money he was making was not the money that was ending up in his pocket.\\xa0 Instead, that money was going right back out the door, with very little cashflow or profit to show for all his efforts.

Now I\\u2019m sure many of us have found ourselves in the same situation.\\xa0 David Richter saw this as an opportunity to help businesses see where their money really goes.\\xa0 He\\u2019s since helped real estate companies completely turn around, from going out of business to building real cash reserves by using a method called the \\u201cProfit First Cash Flow System\\u201d.

David\\u2019s goal is to completely transform the Real Estate Industry when it comes to how real estate investors view their finances.\\xa0 Today David is going to help us achieve true financial clarity and freedom and show us how to stop living deal to deal.

You can find out more about David by reading his new book \\u201cProfit First For Real Estate Investing\\u201d, available on amazon.com.\\xa0 You can also contact him through his website: https://simplecfosolutions.com

Today\\u2019s episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan.

Text "Green250" to 21000, or visit them on the web at:

https://www.livegreenlocal.com

And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits.

https://www.rcbassociatesllc.com

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