In today’s episode of Real Estate Investing With Jay Conner, Jay is joined by David Richter.
David is an active real estate investor who has been essential in closing over 850 deals over the last 7 years which include 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 the door.
With the unique opportunity of being in every seat like 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 is in the process of writing Profit First for Real Estate Investors. This book is a derivative of the original Profit First by Mike Michalowicz that is tailored specifically for Real Estate Investors.
His goal is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances. He wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal.
Jay’s new book “Where To Get The Money Now”: www.JayConner.com/Book
Timestamp: 0:01 - Teaser 0:31 - Intro 1:29 - Jay’s New Book: “Where To Get The Money Now” 2:45 - Free book: www.JayConner.com/Book 3:07 - Today’s Guest: David Richter 6:17 - What is your business model? 9:32 - What is Profit First For Real Estate Investing? 21:10 - How important is it for the new real estate investor to understand this type of system and strategies? 27:40 - For an established real estate investing company, where will be the first place that you will take a look to get an analysis of where problems might be? 32:18 - Wholesaling as it relates to Profit First. 35:01 - Free gifts: [email protected] 35:20 - Connect with David: www.ProfitFirstREI.com www.SimpleCFOsolutions.com
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal.
