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Passive Real Estate Investing with Mavericks

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Profit First for REIs with David Richter

Mar 13, 2023

To access a FREE collection of resources, go to www.RealGritVault.com

Want to get into commercial real estate but don’t know where to start or get your business to the next level? Join the Commercial Profit Power live 2023 event on April 20 - 22 in Des Moines, Iowa. Visit www.commercialprofitpower.com to get your ticket!

 

Increase your business profitability in today's episode with David Richter, where he outlines a system to transform your business from a cash-eating monster to a money-making machine. Jump into this insightful talk to get clear on your profit, real estate goals, and expertise in closing deals.

 

Key Takeaways From This Episode

  • Reasons why real estate investors should read ‘Profit First’ 
  • Purpose-driven strategies for allocating money in your company  
  • The value of establishing good financial habits and business goals 
  • Great advantages of hiring a financial coach 

 

References/Links Mentioned

 

About David Richter

David Richter is an active real estate investor who has been essential in closing over 850 deals, including 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 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out. With the unique opportunity of being in every seat as a real estate investor, he found a calling to the company’s finance seat to help them see where their money was really going. 

David has helped real estate companies completely turn around from going out of business to building cash reserves through his profit advising company Simple CFO Solutions, LLC. He is the author of Profit First for Real Estate Investing. His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom.

 

Connect with David 

 

Neil J. Timmins is on a mission to make a deep personal impact in the lives of his team members and business partners through his work as a real estate investor and mentor.

He started as a traditional real estate agent where his team was recognized by the Wall Street Journal as a Top 100 team. Eventually, he made the transition from Realtor to full time investor. 

Over the course of his career, Neil has been involved in over $300,000,000 in real estate transactions. Neil’s portfolio depth includes assets ranging from houses to industrial properties. Recently, Neil and his team launched the Legacy Impact Partner Program where they partner with fix and flip investors from around the country. Neil’s team brings capital to fund and fix rehabs, operational expertise, and years of experience catapulting their partner’s business to new heights. Want to partner? You can learn more and book a call with Neil at www.LegacyImpactPartners.com.

 

Connect with Neil