Profit First for Real Estate Investors with David Richter

The Profit First method is based on establishing good financial habits. However, to adopt this approach, breaking free from negative behaviors that hinder growth is necessary.  Our guest today is an expert at helping others break through and develop a better mindset, not just in money but also in leadership, teamwork, and personal growth. He is a knowledgeable real estate investor, coach, mentor,...

Acquiring assets with little to no money is a real challenge for first-time investors.  We've got David Dodge, a full-time investor for eight years, who shares with you the BRRRR method and how to use this strategy to acquire using little to no money and doing it rapidly. Listen as David shares how Profit First impacted his business and why the BRRRR method is his favorite strategy in acquiri...

Being a real estate investor means working for yourself. But, ironically, it also often leads to the inability to pay yourself. This is a symptom of improper financial management—a predicament that a system like Profit First can solve. For our guest today, Profit First is precisely what he needed to refocus his finances into what is necessary, kickstarting massive growth! We’ve got Nathan Payne jo...

In this episode, we hear from an individual who has faced financial challenges and has taken steps to overcome them, eventually finding success. Our guest's journey has been one of great highs and lows, and they will share their experiences and insights with us. Joining us is Brett McCollum: a successful real estate investor and wholesaler from Gainesville, Florida and the owner of MVP Group...

One of the many goals of entrepreneurs is to build a business to the point that you can exit while it generates passive income. George Salas is one of the many investors who had the same goal until he ran out of money from the get-go and struggled to pay himself. Finally, he realized he had to take charge of his cash flow. He then began to implement Profit First and take steps to ensure his financ...

One of the most common goals in real estate investing and building wealth is developing that peace of mind that comes with financial security. Joining us today is Nick Prefontaine, an investor, speaker, founder, and CEO of Common Goal. He talks about the difficulties he and other investors experienced and how he has managed to build his success and achieve that peace of mind through financial mana...

In real estate investing, it is essential to have guidance and direction for your business. Our guest, Dwan Bent-Twyford has been in real estate for 30 years, tells you the importance of mentorship and how it helped her manage her finances.  Join us as we talk about Dwan's career, financial struggles, and what turned her from spending every dollar to not becoming broke.  Key Takeaways: [01:00...

Now is an excellent time to start investing no matter where you are, no matter what age you are.  We've got Mark Podolsky, a land geek sharing his knowledge on conquering the fear of investing and financial insecurity to move forward to achieve the tri-factor of life: Money, Health, and Time.  Listen as Mark shares how Profit First impacted his business and gained knowledge on how he transfor...

Profit First isn’t just a massive benefit for real estate investors—it can benefit any business across various industries. To show you just how valuable the Profit First method can be, we’ve got AJ Aluthwala joining us today! He is an app developer, co-founder, and CEO of KallistoArt Online Marketing, a company that helps develop high-conversion websites and mobile apps for other businesses. AJ is...

Joining us for today’s episode is Mike Hambright, the CEO of Investor Machine, a real estate investor, mentor, and coach. He is also the Founder of the Real Estate Investor VIP Show and Investor Fuel, the top Real Estate Investor Mastermind in the country. Mike is a prominent figure in the real estate investing world due to his passion for using his platform to provide value to the real estate inv...

Are you the type of business owner who doesn’t know their numbers and feels guilty because of it? It’s time to fix that. Our guest, John Humphrey, used to be the same—until that mindset led to his finances spiraling into ruin. Now he runs his business with a new perspective: not only is he dedicated to knowing his numbers, he also works with people with complementary skills and uses a financial ma...

Are you an investor who wants to transition from single-family to multi-family investing? We’ve got Sean Thomson with us today to give us his knowledge on multi-family real estate investing. He himself has made the jump from working in the single-family space to founding the Thomson Multi-Family Group and working with accredited investors to join his ventures throughout the country. Join us as we...

Today’s guest is Steven Pesavento. He is a real estate investor, a high-performance coach, and an expert in mindset and marketing. He hosts the Investor Mindset podcast and is the President of VonFinch Capital, an investment firm focusing on Multifamily Real Estate for executives and entrepreneurs.  Steve joins us to share his thoughts on anything between mindset, money management, multifamily rea...

Money management is a powerful thing for entrepreneurs—very often, it can mean the difference between living paycheck to paycheck and seeing profits. Real estate investors often operate without knowing there is a better way to manage their earnings by adopting a solid money management structure. For our guest, finding success early in his life led to the need for stable finances. Greg Helbeck’s co...

Today’s guest is Brett Snodgrass, an investor-entrepreneur and the founder of Iron Deep and Simple Wholesaling. Prior to founding his own businesses, Brett spent years as a real estate investor and expanding his professional tool kit.  After steadily growing his experience and expertise, Brett slowly scaled up his business, hiring people in roles he used to do on his own, eventually even stepping...

Today’s guest is Sharon Vornholt, a real estate investor and business coach. She has been in the property business since 1991, starting with her home inspection business before kicking off a career in investment in 1998.  Since 2013, Sharon has been running a successful blog and podcast, providing value on real estate investing to her audience. She has since expanded into providing coaching servic...

Time is without a doubt one of our most important resources, but how we spend it often doesn’t get the consideration it deserves. Time is a finite asset we pull from for every single activity we do in our lives, from lifestyle to work, and like any resource, we should be smart about how we invest it. Our guest today is an expert on the subject. Justin Donald is the author of The Lifestyle Investor...

Joseph “Joe” Theriault is today’s guest on Profit First for REI! He’s a real estate investor and owner of Inherited Property Solutions, a company focused on helping people liquidate inherited property. He is also actively involved in rehabs, novations, wholetail, wholesale, and brokerage. This is one of my favorite episodes so far. Joe goes into the struggles he experienced when he took over the f...

Today we’ve got real estate investor and expert marketer Bryan Driscoll on the show. He is the CEO of Motivated Leads, a digital marketing agency dedicated to helping real estate investors handle their online marketing efforts to generate leads. Bryan’s expertise gives us a unique, marketing perspective on real estate. He talks about how to improve your marketing efforts in both methods and docume...

On this episode of Profit First for REI, we’ve got my good friend Casey Smith. She is the owner of Atlas Transaction Coordination Services, a company that handles real estate deals of all forms. She works with a lot of real estate investors, closing over 1,500 transactions as an individual realtor and business owner.   Casey shares her journey in the real estate investment space, the struggles she...

On this episode of Profit First for REI, we have Jack BeVier, a real estate investor with Dominion Financial Services. He has worked in multiple aspects of investment real estate, and has contributed to the growth of the company into a recognizable name in the national lending scene for real estate investors.  Jack comes on the show equipped with an abundance of knowledge in a wide-array of real e...

Neil Timmins is the CEO of Legacy Impact Partners, a company that invests in residential, commercial, and even medical real estate. He has been in the industry for 18 years, starting as a realtor, moving on to flipping houses, investment, and even coaching and mentoring. Neil has since built up quite a portfolio and extensive experience. He gives us insight into money and people management, develo...

Aryeh Sheinbein has done stocks, real estate, business buying, syndications, and more. He started with investment banking after graduating with a finance degree, and from there, built an impressive portfolio and even more impressive well of knowledge and experience. Aryeh Sheinbein’s expertise gives us profound insight into understanding numbers, cashflow and profit, and why implementing Profit Fi...

Brandon Neely is an experienced entrepreneur and dedicated financial planner who runs the Wealth Wisdom Financial Podcast with his wife and business partner, Amanda. After a difficult and emotional second year of running a coffee shop business, Brandon and Amanda started their foray into dedicated financial planning. This led them to Profit First and applying its principles in both their business...

From effective synchrony in his businesses and to having an altruistic mission, Daniel Martinez has come a long way in his 4-year career in real estate.  He is a commercial investor, co-owner of a data company, and founder of HiveMind, a CRM tool designed for real estate investors. This portfolio of assets and skills gives him a view of the market from multiple angles, no doubt instrumental to his...