Realizing how real estate investors are being stuck in the realty rat race, David sees the unique opportunity of exploring the financial side of property investing - Profit First Cash Flow System.

Utilizing all the knowledge he learned from the many seats he held in a real estate company, he has established his own profit advising company that has helped real estate businesses completely turn around from going out of business to building cash reserves.

The key points to be integrated into the system of real estate investing

Calculation of real revenue

Setting up a different bank accounts

In today’s episode of the Expert(ish) Podcast, our guest, David Richter will talk about the pitfall he discovered in most real estate endeavors. He will also discuss more about how business owners, especially real estate investors, plan out their cash flow and gain clarity in their business.

David Richter is Owner of Simple CFO Solutions which helps real estate investors apply profit first principles to their business. He is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, owner finance, rentals, lease options, and any other exit strategy. His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom.

Enjoy!