• Profit First for Real Estate Investors

  • De: David Richter
  • Podcast

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Profit First for Real Estate Investors

De: David Richter
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  • Resumen

  • You’re a real estate investor who is passionate about real estate and making a difference in your community. You’re a hard worker and you love the freedom that comes with being your own boss and owning your own business. You started this business because you wanted more time and money in your life, but financial freedom seems to always be on the other side of that “next” deal. Like most real estate business owners, you are broke and have no control over your finances, and it’s hard to admit it. You know how to make a lot of money, and you keep working harder and harder, but have little to nothing in your bank accounts to show for it. You give the keys to your finances to some bookkeeper or accountant that you “hope” will fix all the problems, yet the problem seems to get worse. You often feel like a rat in a maze, sometimes living from deal to deal, hoping to work your way out debt. This leads to feelings of stress and overwhelm because you aren’t paying yourself enough and you’re just one bad deal away from going out of business. It’s time to stop living paycheck to paycheck and start actually keeping more of the money you work so hard to make! To have less stress, less confusion, to sleep better at night, and have a healthy, profitable business that enables you to have more time with your friends and family, not less. It’s time to start putting more actual profit in your pockets and know what you can spend on yourself, your family, and on growing your business. The key to this future is to put profit first and have a system for your cash flow that is dependable and reliable. Cash is not king, cash management is king.When you control your cash, you control your business. And when you control your business, you’ll have more profit and more time to do more of what you love. You got into this business to achieve true time and money freedom in your life and I’m here to show you, that with the right systems in place, you can have all of those things…and so much more. We’re the Profit First for Real Estate Investors Podcast, where we put profit first because it changes the way we live our lives, build our businesses, and pursue the things that matter the most. Our mission is to make money “one less thing” you worry about by empowering you with the tips, tactics, and strategies you need to finally take control of your finances…and of your life. Join us each week on the Podcast as we speak with real estate investors from around the country who put profit before expenses, value substance over status, and place the health of their business above growing their egos. In each episode, real estate investors from across the country will share how they’ve completely changed their business by implementing Profit First. You’ll hear how these battle hardened real estate investors were able to completely turn around and revolutionize their businesses, and in many cases, their lives, and learn from their mistakes and failures...so you can avoid doing the same things in your own business. We focus on the journey to greater profitability and cash in your pocket without becoming a financial wizard or needing to close more deals. Earning more money and keeping more of what you earn is the only true path to freedom. You don’t need to do more deals to keep more money, you just need to take your profit first. Welcome to the Profit First for Real Estate Investors Podcast.
    © 2024 Profit First for Real Estate Investors
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Episodios
  • Rising Above Challenges - Greg Slaughter's Real Estate Revival

    Rising Above Challenges - Greg Slaughter's Real Estate Revival
    Jul 16 2024

    "People must not just be successful financially but become a thriver in life."

    In this episode of Profit First for REI podcast, we interviewed Greg Slaughter. He is a real estate investor with a massive portfolio, especially in residential real estate.

    Greg talks about his real estate investing journey, through emotional ups and downs. He also shared how he lost everything back in 2008 and how he recovered and went to the best time of his life.

    He will ensure that you will be a great business owner and that your business will serve you. Enjoy the show!

    Key Takeaways:

    [00:49] Introducing Greg Slaughter
    [02:01] How he got into real estate
    [06:51] His W2 job
    [08:30] His first rental property
    [12:40] First year being full-time in real estate
    [20:54] Business must serve you
    [23:07] Helping people financially
    [29:10] The right way to do a business
    [30:21] Connect with Greg Slaughter

    Quotes:

    [07:47] "I was trained in the systems. Everything I do is a system, and what I do today is based on systems."
    [20:52] "Business is supposed to be serving you. You are not supposed to be serving your business."
    [29:10] "The concept isn't to grow business. The concept is to create a business around your lifestyle to provide the finances you desire. It should be built around you."

    Connect with Greg:

    Website: https://www.gregslaughter.com/

    Tired of living deal to deal?

    If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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    33 m
  • Realize Your REI Potential with Jennifer Steward: Authenticity, Profitability, and Consistency

    Realize Your REI Potential with Jennifer Steward: Authenticity, Profitability, and Consistency
    Jul 9 2024

    In this episode of Profit First for REI podcast, we are sitting down with Jennifer Steward of REI Data Source, to unveil the secret weapon you've been missing: authenticity.

    Jen will crack the code on how to project a winning image that seals the deal…But wait, there's more! Learn the top revenue activities every entrepreneur should master and discover the power of consistent strategies to solve your REI problems.

    This episode is your blueprint to a thriving virtual business. Don't miss out!

    Key Takeaways:

    [0:50] Introducing Jennifer Steward
    [6:07] Project an image of success from time to time
    [9:16] Some best revenue activities that every entrepreneur should know
    [11:00] Leveraging every avenue that you can, get consistency, and make sure you’re solving current problems
    [17:43] The golden ratio in social media marketing is: 90% business and 10% personal
    [25:02] The benefits of running a virtual business

    Quotes:

    [4:20] “Authenticity is like a business repellant.”
    [10:09] “In a market where you can’t dind deals but there’s plenty of money, you have to be the person who knows how to find the deals.”

    Connect with Jennifer:

    REI Data Source Website: https://www.reidatasource.net
    Jen’s Email: jen@reidatasource.net
    Phone Number: (469) 952-8011

    Tired of living deal to deal?

    If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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    36 m
  • CEO Synergy and Business Credit Unveiled by Amanda Webster

    CEO Synergy and Business Credit Unveiled by Amanda Webster
    Jul 2 2024

    In this episode of Profit First for REI podcast, we have Amanda Webster. She is a business funding educator, credit expert, leadership consultant, and speaker. She is also the Chief Operating Officer of Fund&Grow.

    Amanda talks about her relationship with her CEO, things about purchasing properties or building your business credit and making sure that you are not just always spending your own money. This episode is for you! Enjoy the show!

    Key Takeaways:

    [00:56] Introducing Amanda Webster
    [02:41] How she started working with Fund&Grow
    [04:32] Law of attraction
    [09:03] What makes a successful COO-CEO relationship
    [12:38] About Fund&Grow
    [18:12] Personal guarantees
    [21:00] The lines of credit
    [28:00] The advantage of using credit cards
    [30:36] Connect with Amanda Webster

    Quotes:

    [05:29] "Leadership is what dictates the success of the company and its employees."
    [19:04] "A lot of people don't realize the importance of separating business and personal business and how much over-extending your personal hurts you in so many ways."
    [28:06] "There is an extreme amount of value in using business credit cards because there are points, rewards, and cashback."

    Connect with Amanda:

    Website: https://funding.fundandgrow.com/simple-cfo


    Tired of living deal to deal?

    If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
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    33 m
Economía Finanzas Personales
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