Profit First for Real Estate Investors with David Richter

Two of the most important resources a business owner needs are knowledge and mindset. In this episode, we have Steve Rozenberg sharing the wisdom he’s developed over the years along his business journey. A full-time pilot, investor, business owner, and now a business coach, Steve emphasizes how important knowing your numbers is and how getting a coach is one of the best decisions you can make in b...

In this conversation with Chris and Julie Gould, sibling business partners for a real estate wholesaling company, we get to hear all about how implementing Profit First can change your business and your personal life for the better. They share how they experienced the feeling of almost living paycheck-to-paycheck despite having good numbers and the stress of the lack of clarity–that is until they...

Summary:  Profit First is an amazing method for managing your business’ cash flow, but it can be so much more! In this episode, we’ve got Jonathan Tovar, real estate investor, entrepreneur, and co-owner of Action REI, as he talks about his business journey before and after learning about Profit First. He and his brother started their company in August 2019, just a few months before the pandemic hi...

On this episode of Profit First, we’re going to dive in a bit on “Knowing Your Numbers” and more with Paul White! Paul White is an orthodontist and real estate investor whose investment journey started the same way as most people’s–through passive investment. Paul didn’t realize how important knowing your numbers really are. So if you can’t do your due diligence, then at least find a way to have c...

On this episode of Profit First, we’re going to dive in a bit on “Giving First” with Paul Moore and more! Paul Moore is a real estate investor and self-proclaimed former serial entrepreneur. His journey started with him jumping from one venture to another, becoming what he calls a “Real Estate Speculator,” owing millions of dollars in debt, before finally finding his footing as a successful invest...

In this conversation with Daniil Kleyman, you’ll get a chance to learn how to master REI from a real estate developer expert. Daniil has mastered real estate from the ground up. He’s an owner/operator of a development company and established a management software that’s currently helping thousands of investors.   Today we hear from Daniil's insights on how he's been able to grow organica...

"Start making profit a habit in your business." Wise words from today’s guest, Oscar "the closer" Setiawan. Oscar is a man with great achievements—a real estate owner, investor, private lender, and serial entrepreneur who aims to achieve legacy wealth with the systems and processes that he has been cultivating. Through determination, he turned his side hustle into a full-time b...

Every success story always starts with something. As investors, we start these businesses to fulfill our dreams and visions. It’s our fuel to climb high, giving us the might to push through beyond the limits. Without having a clear picture of where we're going, we wouldn’t be able to propel and move forward. We’ve invited Brittany Thompson here to join us as we discuss the ways in which your...

Jay Drexel is the jack of all trades when it comes to tax lien investing. With decades of experience, he will teach you how to skip the learning curve and get profitable faster than you could on your own. Jay has been doing tax yield deals for quite some time... and he loves teaching others his REI secrets. Let’s find out how to avoid the mistakes that most investors make and get the strategies to...

Today’s guest derives his experience from diverse fields such as technology, financial services, venture capital, and commercial real estate. On top of that, he runs a family office where they nurture budding entrepreneurs from generation to generation, optimizing growth and wealth together as a family. Trey Taylor is the talk of the town. He’s the managing director of Trinity | Blue, a consultanc...

Paul David Thompson is always on a mission to help purpose-driven men and women entrepreneurs break the mundane corporate cycle by teaching them to start investing. He’s an expert in scaling up businesses to the next level by guiding aspiring real estate investors through the process of closing record-breaking deals. Today we dive into the finer details of how he’s able to incorporate the Profit F...

We have a returning guest on the show today, and that's none other than Kapil Singla. The young entrepreneur who skyrocketed his way to the top after moving to the US. In this episode, he'll be giving us an update of where he's at in his life and business after a few years of implementing systems and using Profit First as key drivers to his success. Key Takeaways: [2:05] Kapil share...

One dream can change everything. And our guest Mike Fitzgerald couldn’t agree more with that statement. He started with a dream of owning nine rental properties, and now he’s been able to live up to that. Mike is a champion in the REI world. He’s been in the business for quite some time, has purchased over 250 properties, and even gotten an award as "the business person of the year." He’...

Brad Blazar has studied the habits of success. He’s an expert when it comes to raising capital and has been raising hard-earned money since the young age of 23. After years of managing his oil company, Brad realized that his true passion lay in helping others while still raising money for himself. Brad’s coaching program , Capital School, has garnered praise across the globe and is highly recogniz...

Our guest for this episode started investing in real estate around eight years ago with little knowledge on his hands. 11 months and 104 failed deals later, he finally landed his first paycheck. What made him successful is that he stayed away from the safe route, applied a systematic investing approach, and followed his mentors who showed him the way to accumulating wealth and success. You may be...

Another special guest is here with us today, and that is none other than Ken Van Liew. Ken has done some incredible things in the real estate space. He owns Global Real Estate Strategies, has built skyscrapers and raised a ton of money as a developer. Ken’s always on the go, looking for deals and doing great things to level up his business. His expertise and strategic tactics are a must-hear, so w...

Mike Zlotnik has always wanted to invest in real estate. For over 22 years, Mike has been a debt and equity investor. He is a member of several mastermind groups and has taken on the role of CEO of Tempo Funding, LLC. Mike jam-packs this episode with practical opportunities to improve efficiency and profitability in the REI realm. Key Takeaways: [1:35] Mike’s real estate journey [3:13] Where is he...

Achieving entrepreneurial freedom has a price and also takes time. But the good thing is, it’s not impossible! Our guest Josh Cantwell can attest to that. Today we dive into the finer details of how important the Profit First mindset is in your business, as well as how to use it so you can get the right framework in place to maximize your profitability. Key Takeaways: [1:54] What got him started i...

We invited power couple Amber and Glenn Schworm to the show, and today we’re about to unpack some great insights from them! These two are always on the hunt to help everyday people create long-term wealth in real estate. This talk is a little bit of everything. We discuss their financial journey, some parenting advice around money, how they strengthened their relationship as a couple while still b...

Mitch Stephen is a self-made investor, educator, and award-winning author of the book MY LIFE & 1,000 HOUSES. He likes to support his students in finding financial freedom through real estate. In this interview, discover how he has changed communities, inspired lives and helped over 1,000 families stop renting and start owning houses. Key Takeaways: [1:30] What led him to financial freedom and...

Are you curious as to how people get constant money when doing real estate? The answer is simple: private money! Through the power of private money, you have the opportunity to completely transform your business and your life. It’s just a matter of taking that first step.   And this week’s guest, Jay Connor, is glad to take you guys along and help you fast track your business growth. Let’s hear it...

Don't get tricked by naysayers and those who have failed to implement the Profit First system correctly. Because today, we’ve invited the "king" of real estate, and he’s going to set things straight. Glenn Stromberg is here to bless us with his field expertise so we can also rise to the top as quickly as we can. Let’s hear some essential tips from this business tycoon. Key Takeaways...

Meet the world's leading authority on business and entrepreneurship, Carl Gould. Aside from being a serial entrepreneur, he's also a keynote speaker, a best-selling author, and the CEO and founder of 7 Stage Advisors. A coaching and executive mentoring company with over 100 advisors in more than 15 countries around the world. Today, he'll be giving a glimpse of his backstory, a comp...

If you’ve been around in the real estate space for quite some time, then you’ve probably heard of the software REI Blackbook. Through the years, it has served its mission to make marketing and sales the easiest way to run your business. And behind its unwavering success lies a superstar team run by Damon Remy.   Damon Remy is the founder and CEO of REI Blackbook. He’s on the show today to navigate...

Everyone aspires to be a millionaire, but only a very few motivated dreamers succeed in doing so. And in this podcast episode, we'll tell you the story of a successful immigrant who owns several 7-figure enterprises. Yes, you’re right, we’re talking about Batch Service’s very own Anny Draginova. Let's take a glimpse at Anny's journey and how she got started in chasing her very own A...