Most investors have money coming in… but no real clarity on how much of it is true profit. In this episode, David Richter breaks down the exact benchmarks, percentages, and systems you should follow to finally understand what you’re actually keeping from each deal and how to manage your cash the right way. He’ll show you how to avoid being “deal rich but cash poor” and give you a simple framework you can plug into your business today to stay profitable on purpose. KEY TALKING POINTS:0:00 - Intro0:50 - The Business Hierarchy Of Needs2:37 - REI’s Paradox3:22 - The Real Estate Rat Race & What To Spend Your $$$ On4:58 - What Success Actually Looks Like7:47 - The Winning Financial Framework10:50 - Most Requested Numbers By Flippers13:40 - Successful Team Benchmarks15:25 - Outro LINKS:Instagram: David Richterhttps://www.instagram.com/thedavidrichter/ Website: SimpleCFOhttps://simplecfo.com/ Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

Most investors have money coming in… but no real clarity on how much of it is true profit. In this episode, David Richter breaks down the exact benchmarks, percentages, and systems you should follow to finally understand what you’re actually keeping from each deal and how to manage your cash the right way. He’ll show you how to avoid being “deal rich but cash poor” and give you a simple framework you can plug into your business today to stay profitable on purpose. KEY TALKING POINTS: 0:00 - Intro 0:50 - The Business Hierarchy Of Needs 2:37 - REI’s Paradox 3:22 - The Real Estate Rat Race & What To Spend Your $$$ On 4:58 - What Success Actually Looks Like 7:47 - The Winning Financial Framework 10:50 - Most Requested Numbers By Flippers 13:40 - Successful Team Benchmarks 15:25 - Outro LINKS: Instagram: David Richter https://www.instagram.com/thedavidrichter/ Website: SimpleCFO https://simplecfo.com/ Instagram: David Lecko https://www.instagram.com/dlecko Website: DealMachine https://www.dealmachine.com/pod Instagram: Ryan Haywood https://www.instagram.com/heritage_home_investments Website: Heritage Home Investments https://www.heritagehomeinvestments.com/

Most investors have money coming in… but no real clarity on how much of it is true profit. In this episode, David Richter breaks down the exact benchmarks, percentages, and systems you should follow to finally understand what you’re actually keeping from each deal and how to manage your cash the right way. He’ll show you how to avoid being “deal rich but cash poor” and give you a simple framework you can plug into your business today to stay profitable on purpose.&nbsp;KEY TALKING POINTS:0:00 - Intro0:50 - The Business Hierarchy Of Needs2:37 - REI’s Paradox3:22 - The Real Estate Rat Race &amp; What To Spend Your $$$ On4:58 - What Success Actually Looks Like7:47 - The Winning Financial Framework10:50 - Most Requested Numbers By Flippers13:40 - Successful Team Benchmarks15:25 - Outro&nbsp;LINKS:Instagram: David Richterhttps://www.instagram.com/thedavidrichter/&nbsp;Website: SimpleCFOhttps://simplecfo.com/&nbsp;Instagram: David Leckohttps://www.instagram.com/dlecko&nbsp;Website: DealMachinehttps://www.dealmachine.com/pod&nbsp;Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments&nbsp;Website: Heritage Home Investmentshttps://www.heritagehomeinvestments.com/

462: Are You Keeping Enough Profit From Your Deals?

It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off!

This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey.

We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate.

Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays.

If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to:

Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.'

Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike.

Action Steps: Get ready to jot down exactly what to do next.

Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path.

Ready to get started? Let's get you listening all the way to the bank.

Subscribe and leave us a review!

Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

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It is a tragedy that 95% of the country is brainwashed into believing that you have to work 50 hours per week for 50 years just to retire. By that point, you might not even enjoy your time off! This podcast helps you escape the traditional 9-5 and embark on a fulfilling, financially rewarding journey. We will show you how it is possible to make your annual salary, monthly through a proven business model called wholesaling real estate. Why wholesaling real estate? This perfect strategy doesn't require significant capital to actually purchase the property yourself, it allows you time freedom without being at someone’s beck and call, and you can make 15% of each deal. You simply find distressed properties and connect them with investors. It's a flexible and scalable way to enter the world of real estate without many of the traditional barriers and offers 5 figure paydays. If you're a newcomer to this world, this podcast is specifically designed for you. Here's what you can look forward to: Wholesaling 101: We break down the ABCs of wholesaling. And no, 'B' doesn't stand for 'Boring.' Beginner’s Bootcamp: Think of this as your training wheels in real estate, only a lot less embarrassing than the ones on your childhood bike. Action Steps: Get ready to jot down exactly what to do next. Support Squad: Dive into a community of fellow newbies with experts we bring in to help. You will achieve success much faster when you have access to people who have achieved what you want to achieve, and the support from those on the same path. Ready to get started? Let's get you listening all the way to the bank. Subscribe and leave us a review! Sign up for a free trial of DealMachine : https://www.dealmachine.com/pod

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462: Are You Keeping Enough Profit From Your Deals?

462: Are You Keeping Enough Profit From Your Deals?

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