Book your FREE financial discovery call at ProfitREI.com

If your business is profitable on paper but your bank account tells a completely different story, this episode is for you. I hear this all the time—business owners doing great revenue, being told by their CPA that they’re profitable, yet still feeling broke, stressed, and unsure where the money is actually going.

In this episode, I break down why this disconnect happens and why it’s almost never a revenue problem—it’s a system problem. I share real conversations with business owners, lessons from my own entrepreneurial journey, and how implementing a simple framework like Profit First can completely change how you experience money in your business—without spreadsheets, accounting jargon, or overwhelm.

Timeline Highlights:

[0:00] Why so many profitable businesses still feel broke and financially stressed
[1:04] The frustration of doing all the work but not getting to keep the money
[2:30] My personal experience running high-revenue businesses with no financial clarity
[3:17] How discovering Profit First changed the way I looked at money forever
[4:18] A real client story of digging out of the hole by fixing cash flow first
[6:07] Why entrepreneurs struggle with numbers—and why that doesn’t have to stop you
[7:08] The “Golden Trio” of bank accounts that helps you finally keep what you make

Key Takeaways:

1.  Profit doesn’t matter if you never actually see it in your bank account.
2.  Most entrepreneurs don’t have a money problem—they have a money system problem.
3.  Revenue alone won’t create financial freedom without intentional allocation.
4.  You don’t need to love spreadsheets to understand and control your numbers.
5.  Separating money into purpose-driven bank accounts creates clarity and control.
6.  Keeping profit, paying yourself, and planning for taxes must happen first, not last.

Links & Resources:

• Schedule a free discovery call and get guidance on implementing Profit First: profitre.com

Closing

Thanks for spending time with me today. If this episode gave you clarity or a new perspective, make sure to follow the show, leave a review, and share it with another business owner who’s working hard but still feels broke. And if you’re ready to apply what we talked about with real guidance and accountability, head over to profitre.com and book a free discovery call to start building your path to financial clarity and freedom.

In this episode, I sit down with Martine Richardson—real estate investor, educator, and freedom advocate—to break down the real numbers behind getting out of the rat race. Martine’s story isn’t just inspiring, it’s filled with tactical advice for anyone who’s trying to create true financial freedom through real estate. From getting her car repossessed to building a portfolio that bought back her time, Martine shares how she leveraged creative financing, community, and consistency to scale her business.

We talk about the real math behind financial freedom, how different rental strategies stack up (short, mid, and long-term), and why she’d go straight to buy-and-hold if she were starting over today. If you’ve ever asked yourself “how many doors is enough?”, Martine gives you a simple framework to find your freedom number.

Timeline Summary:

[0:00] - Martine shares how getting fired and losing her car kickstarted her real estate journey

[5:40] - Her first creative deal: a lease option that changed her mindset

[8:09] - How that $35K house turned into a $240K asset—and how she structured the deal

[9:17] - Why meetups and podcasts were essential to her early success

[11:12] - The shift from wholesaling to buy-and-hold—and using other people’s money

[14:18] - What is a “freedom number” and how to calculate yours

[18:24] - Comparing cash flow between long-term vs. mid-term rentals

[22:25] - How fewer mid-term properties can replace your job income

[25:48] - Would she still wholesale if starting over today? Her answer might surprise you

[29:00] - Action over analysis: her advice for anyone stuck in “learning mode”

5 Key Takeaways:

1. Creative financing is key – Martine’s first deal came from asking sellers if they’d take payments. One finally said yes, and it changed everything.
2. Community is a shortcut – Meetups, podcasts, and mentors gave her the knowledge and confidence to keep going, even when deals were slow.
3. Buy-and-hold builds real wealth – Her accidental landlord story turned into a multi-property portfolio that now funds her life.
4. Know your “freedom number” – She walks you through how to calculate exactly how many properties you need to quit your job, depending on cash flow type.
5. Short, mid, or long-term? – Each rental strategy has trade-offs in risk and reward. Martine shares how she balances all three.

Links & Resources:

• Text Martine for coaching or questions: 804-495-1333
• Learn more about Profit First for REI: https://www.simplecfo.com

If this episode gave you clarity, confidence, or a new way to think about financial freedom, please rate, follow, and review the show. And share it with another investor who needs to hear Martine’s story.

In this episode, I sit down with Frank Iglesias—a real estate investor, coach, and host of the What Worked for You podcast—to unpack the journey from chaos to clarity. Frank opens up about how burnout from his IT job led him to real estate, but also how the entrepreneurial learning curve nearly burned him out all over again.

We dive into the pitfalls of trying to do too many things at once, why real estate investing is only one part of the business equation, and how Profit First helped him regain control of his finances. Frank shares the hard lessons of jumping into new construction too early, the value of having a business coach, and why mastering the fundamentals is the only way to scale sustainably.

Episode Highlights

[0:00] – Introduction

[2:32] – From IT burnout to a Rich Dad seminar and the first taste of real estate

[5:10] – How trying too many strategies at once slowed his growth

[6:14] – The difference between learning real estate and learning business

[6:33] – The pivotal role a business coach played in aligning his operations

[9:18] – Why bookkeeping is the most underrated skill in real estate investing

[14:06] – Lessons learned from jumping into new construction without the right model

[22:57] – The risk of cheap lots and the hidden costs of building ground-up

[25:19] – The reality of delayed income and managing cash flow in big projects

[27:03] – Avoiding shiny object syndrome and returning to core business principles

[30:54] – How to connect with Frank and learn more about his podcast and mentorship

5 Key Takeaways

1. Focus is your fastest path to success. Early on, avoid chasing multiple strategies—go deep, not wide.
2. Business fundamentals matter more than tactics. Learn how to manage money, lead people, and build systems.
3. A coach can connect the dots. Frank’s biggest business breakthroughs came after investing in the right mentor.
4. New construction is not a beginner strategy. It has different timelines, risks, and financial realities.
5. You don’t need more books—you need to implement. Information is everywhere, but application is what creates results.

Links & Resources

• Visit Frank online: https://www.frankiglesias.com
• Call or text Frank directly: (678) 408-2228
• Listen to Frank’s podcast: What Worked for You
• Learn more about Profit First for real estate investors: https://www.simplecfo.com

If this episode helped bring clarity to your investing journey, please rate, follow, and review the show. And share it with someone else who’s ready to stop guessing and start building a real business.

In this episode, I sit down with Jason Lavender—a real estate investor and former painting contractor—who gets real about his rocky relationship with money and how Profit First finally changed his life. Jason shares the painful truth about how he ran his business by looking at his bank balance, faced constant stress despite making money, and ignored the warning signs until everything boiled over.

What makes this episode so powerful is Jason’s honesty. He didn’t get it right the first—or even the second—time he tried Profit First. But when he finally committed, delegated implementation, and surrendered access to his own money, everything shifted. We talk about how he transitioned from a chaotic hustle into a clear, structured, and profitable business, and how you can too.

Episode Highlights

[0:00] – Jason’s early years as a painting contractor and the shift to real estate investing

[2:59] – The stress and confusion of “bank balance accounting”

[4:35] – How Profit First didn’t stick the first two times—and what made it click the third time

[5:33] – The critical moment: giving financial control to his assistant (his daughter!)

[8:44] – Going all in on real estate—and leaving the painting business behind

[10:00] – “Burning the ships” and betting everything on building his investment business

[11:28] – Regret and hindsight: How Profit First could’ve helped during his business exit

[14:07] – The turning point question: “Where did all the money go?”

[17:25] – Building a real business, not just a hustle—and the peace that came with it

[21:06] – What a healthy business looks like for Jason today: structure, clarity, protection

[24:07] – The role of coaching and audits in getting brutally honest with the numbers

[29:19] – Final advice for investors stuck in the financial fog

5 Key Takeaways

1. False starts are part of the process. Jason didn’t get Profit First right until he let go of control and got help.
2. Delegating finances can be your superpower. Hiring his daughter to manage the system changed everything.
3. Profit First brings peace. It gave Jason clarity, confidence, and control over his money and decisions.
4. You can’t fix what you won’t face. Financial audits and coaching helped Jason confront what wasn’t working.
5. There’s no shame in getting help. Real transformation happened when Jason stopped trying to do it all alone.

Links & Resources

• Follow Jason on Facebook: https://www.facebook.com/jason.lavender.787084
• Check out Elevate Mentoring: https://elevatementoring.coach
• Need help implementing Profit First? Book a call: https://www.simplecfo.com

If this episode hit home, don’t forget to rate, follow, and review the show. And share it with someone who’s tired of the hustle and ready to get financially healthy—for good.

In this powerful episode, I sit down with my long-time friend and serial entrepreneur Eddie Wilson—widely known as the “King of Exits”—to unpack what it truly means to build with purpose. Eddie shares how he has successfully exited over 113 companies and why his mission extends far beyond business. From navigating his first accidental exit to building a global nonprofit impacting 108 countries, Eddie walks us through how purpose, fulfillment, and systems of leadership have shaped his entrepreneurial path.

We also dive deep into his real estate journey, how he integrates tax strategy and endowments, and why legacy means creating something that can thrive without placing a burden on the next generation. Whether you’re a real estate investor, business owner, or mission-driven leader, this episode will challenge your definition of success and ignite a deeper sense of intentionality in your work.

Episode Highlights

[0:00] - Eddie’s entrepreneurial journey from his early 20s to now overseeing 113 business exits

[2:23] - Why fulfillment never comes at the end of the dollar and how purpose drives Eddie’s business philosophy

[3:34] - The true meaning of legacy and why Eddie is focused on endowing his nonprofit

[5:08] - Real estate as a generational vehicle: transitioning from flashy purchases to long-term passive income

[6:56] - Using multifamily investing as a tax strategy and tool for perpetuity

[8:04] - Eddie’s first “accidental” business exit and the life-changing lessons he learned

[11:59] - Realizing how buying and selling companies can help “redeem time” and fast-track your 80-year-old life

[14:06] - The business of leadership: what it takes to go from managing yourself to leading leaders

[16:20] - Building the Empire Operating System used by 3,000 companies globally

[18:09] - The two critical attributes of a leader of leaders: conscious competence and mitigating personal weaknesses

[21:11] - Why people—not marketing, finance, or strategy—are the hardest and most important part of business

[24:09] - Can leadership be taught or is it innate? Eddie’s answer may surprise you

[27:10] - A powerful example of leadership legacy through Nick Saban’s coaching tree

[28:00] - How to connect with Eddie Wilson and tap into his ecosystem of purpose-driven ventures

5 Key Takeaways

1. Legacy Isn’t Just Purpose—It’s Sustainability: Eddie’s goal isn’t just to create impact but to ensure it lives on without being a burden to the next generation.
2. Real Estate Is a Long-Term Wealth Vehicle: From tax strategy to endowment planning, real estate played a crucial role in Eddie’s financial architecture.
3. Your First Exit Could Change Everything: Eddie’s accidental exit taught him the power of exponential value and redeeming time.
4. Leadership Is a Learnable Pattern: Through his book Titan Leadership and the Empire Operating System, Eddie shows how great leaders are built, not born.
5. People Are the Greatest Variable: Business success hinges on how well you lead and manage people—systems matter, but people matter more.

Links & Resources

• Collective Influence – Eddie’s private equity firm: https://collectiveinfluence.com
• Impact Others – Learn more about Eddie’s global nonprofit: https://impactothers.com
• Follow Eddie Wilson on Instagram: https://www.instagram.com/eddiewilsonofficial
• Simple CFO – Get help with cash flow and profitability: https://simplecfo.com

If you’ve ever felt out of alignment in life or business, this episode will light a fire under you. I sit down with Amber Vilhauer—founder of No Guts No Glory and author of Infinite Impact—to talk about what it really takes to create purpose-driven work that actually changes lives. Amber’s not only the powerhouse who helped me launch Profit First for Real Estate Investing, but she’s also a deeply authentic entrepreneur with a remarkable journey of resilience and transformation.

Amber shares the emotional backstory that shaped her mission to help others feel heard, seen, and valued—and how that mission now fuels everything from book launches to marketing strategy. We dive into the real root of resistance, how entrepreneurs can overcome visibility fears, and why getting into alignment might be the most important step you’re skipping. If you’ve ever wondered whether your voice matters or how to make an impact beyond just growing your business, this one’s for you.

Episode Highlights

[0:00] - Introduction

[1:08] - Amber reflects on coming full circle with Simple CFO and the origins of her mission

[2:12] - Her early life of invisibility and the turning point that sparked her purpose

[3:29] - Why “Infinite Impact” became her book’s title and central message

[4:39] - The root of resistance and why so many entrepreneurs feel out of alignment

[5:52] - How skipping alignment leads to marketing failure (and how to fix it)

[6:38] - From book idea to legacy vehicle: Helping real estate investors uncover their message

[9:18] - The power of a micro-vision and how to create daily impact

[12:04] - Amber shares the deeply personal story that shaped her resistance to being seen

[16:33] - Overcoming traumatic beliefs and the ongoing work to use your voice

[22:31] - How one small academic moment taught Amber the power of choosing the hard path

[24:54] - A powerful reframe: Instead of asking what you want in life, ask how you want to feel

[28:20] - Why unmet needs—not money—are the true source of peace of mind

[30:05] - Where to get Amber’s full-color book and free alignment PDF

5 Key Takeaways

1. Alignment is Everything: Before launching any brand or business strategy, make sure you’re in personal alignment. It informs every decision moving forward.
2. Your Story is the Strategy: The very thing you’re most afraid to share could be your greatest impact tool.
3. Micro-Vision Over Mega-Vision: Focus on making one person feel heard, seen, and valued at a time. That’s how real impact scales.
4. Every Moment is a Choice: Whether it’s walking into a classroom or onto a stage, impact is built through choosing courage daily.
5. Peace of Mind Isn’t Bought: It’s created by meeting your own emotional needs—something entrepreneurs often overlook in the pursuit of growth.

Links & Resources

• Get the book + free PDF: InfiniteImpactBook.com
• Learn more about Amber’s work: No Guts No Glory
• Book your financial clarity call: SimpleCFO.com

Closing Remark

If this episode hit home, don’t keep it to yourself—share it with a friend who needs to hear it. And if you’re loving the show, please rate, follow, and review the podcast to help more people find financial clarity and purpose. Thanks for listening!

In this episode, I’m joined by one of my favorite humans and my very first Simple CFO client—Rich Lennon. Rich has done it all: from flipping houses to owning rentals, and now, he’s built a life of freedom through private lending. We unpack how he made the shift from operator to lender, what a “fractional wrap” is, and why lending has become his favorite seat at the table.

Whether you’re deep in real estate or just starting to stack cash, this episode gives you a blueprint for transitioning into lending the right way. Rich breaks down the systems, the mindset, and the returns—and shares how you can lend with both profitability and integrity.

Episode Timeline

[0:00] – Introduction

[2:15] – My early days working for Rich and how he became Simple CFO’s first client

[5:00] – How Rich discovered $800K hiding in his books and started thinking differently

[6:00] – Reaching financial freedom during COVID—and shutting everything down

[7:00] – Falling in love with lending: high returns, minimal hours, and maximum freedom

[9:00] – From flips to funding: Why lending is easier and less risky than operating

[12:00] – What a fractional wrap is and how Rich earns 30-50% ROI with lower risk

[14:30] – How to structure lending deals with skin in the game and built-in protection

[17:00] – Why you only need to do 2-4 deals per year to create serious passive income

[19:30] – Can you scale lending into a real business? Rich explains how he did it

[21:00] – Why staying local is crucial for successful private lending

[23:00] – How to underwrite a deal (even if you’ve never flipped a house)

[25:00] – The moral code of lending: returns are great—but do it the right way

[27:00] – How to get in touch with Rich and learn his full lending system

5 Key Takeaways

1. Lending can be simpler and safer than flipping — if you structure your deals correctly and underwrite with discipline.
2. Fractional wraps allow you to combine your money with others, lend it at a higher rate, and pocket the spread—earning 30–50% ROI.
3. Having skin in the game protects both you and your lender. Don’t cut corners on underwriting or paperwork.
4. Stay local so you can personally inspect properties and build trust with borrowers.
5. Integrity matters—Rich teaches not just how to make money but how to do it in a way that serves everyone involved.

Links & Resources

• Text Rich Lennon directly at (804) 601-0330 to learn more about his training on fractional wraps and private lending.
• Need to stack cash first? Book a free financial clarity call at simplecfo.com

If you enjoyed this episode, please consider rating, following, and sharing the podcast. Your support helps more investors build financial clarity, cash flow, and consistent profit!

In this episode, I’m joined by Dean Rogers—former NFL player turned real estate investor, coach, and community builder. Dean opens up about the moment he walked away from the NFL, the painful identity loss that followed, and how real estate became the path to financial and personal freedom.

We explore the mental, emotional, and financial rollercoaster Dean went through—from blowing $250K early in his career to now leading a thriving real estate business and coaching program. He shares how discipline from football translated into real estate, why trying to do it all alone almost destroyed him, and how collaboration and mentorship ultimately led to success. This episode is packed with hard-won wisdom and real talk on what it takes to build a life and business you love.

Episode Timeline

[0:00] – Introduction

[2:15] – Dean’s college football career and how it led to the NFL

[3:40] – The physical price of professional sports and the decision to walk away

[5:00] – Wrestling with identity loss after leaving football

[7:25] – Starting over financially and emotionally—with no plan B

[9:12] – How a podcast episode opened Dean’s eyes to real estate investing

[10:45] – Getting obsessed with learning: YouTube, books, and mentors

[12:00] – First wholesale deal and the adrenaline of closing it

[14:20] – Scaling fast—and the traps that come with early success

[17:00] – Partnering with Sean Terry and stepping into mentorship

[18:45] – The $250K mistake that nearly destroyed the business

[20:00] – How asking for help saved Dean’s career and shifted everything

[22:05] – Finding faith, focus, and freedom through accountability

[23:30] – Creating the “Friends with Benefits” model for JVs

[26:10] – Coaching others through the same transformation he lived

[28:30] – Why community, mindset, and financial structure go hand in hand

[30:00] – Final thoughts on taking control of your time and your money

5 Key Takeaways

1. Discipline beats motivation. Dean’s training in the NFL gave him the consistency to succeed even when results weren’t immediate.
2. Ego can cost you everything. Trying to figure it out alone led to massive losses—collaboration brought the breakthrough.
3. Mistakes are tuition. The $250K lesson taught Dean more than any win ever could.
4. Real freedom requires real systems. From financial structure to JV partnerships, sustainable growth depends on structure.
5. Surround yourself with winners. Community and mentorship accelerated Dean’s transformation from stressed out to scaling up.

Links & Resources

• Connect with Dean: DeanRogers.com
• Learn more about Profit First for REI: SimpleCFO.com

If Dean’s story moved you or motivated you, be sure to rate, follow, and leave a review for the podcast. And share this episode with someone who’s ready to stop playing small and start building something bigger—with structure, purpose, and profit.

In this episode of the Profit First for REI Podcast, I’m joined by Etinosa Agbonlahor—a real estate investor, behavioral economist, and the host of the Her First House podcast. Etinosa brings a unique blend of corporate financial insight and personal real estate experience to the table. From working in publishing and banking across continents to designing large-scale financial behavior interventions, her journey is anything but ordinary.

We dive into the psychology of money, why most people don’t follow good financial advice, and how to design systems that actually help people take action. Etinosa also shares her path into real estate, how she built her portfolio from abroad during the pandemic, and why she intentionally slowed down her investing for the sake of peace and sustainability. Whether you’re just starting out or looking to scale with clarity, this episode will give you a powerful perspective on financial decisions—from mindset to execution.

Timeline Summary

[0:00] - Introduction

[1:35] - Etinosa’s background: from corporate finance to real estate investing

[5:33] - The pivotal book that changed her life (and her career direction)

[9:25] - The mentor who helped spark her interest in behavioral economics

[13:13] - What behavioral economists actually do—and how they help companies change financial behavior

[18:10] - The “Benefits Finder” case study that impacted an entire nation

[20:01] - Why simplifying financial decisions is the real game changer

[21:00] - How a rough year in real estate led her to launch Her First House podcast

[23:20] - The wisdom of slowing down: why she didn’t buy a rental in 2024

[25:38] - Reflections on building a sustainable, peace-driven business and life

5 Key Takeaways

1. Behavioral economics helps bridge the gap between intention and action—especially when people feel overwhelmed by financial decisions.
2. Etinosa’s passion for personal finance was sparked by her first paycheck—and honed through global experience.
3. Mentorship doesn’t have to be long-term to be transformative. A single book or conversation can redirect your life.
4. In real estate, success isn’t always about scale—it’s about sustainability and alignment with your personal definition of peace.
5. Financial education should be designed with psychology in mind. Simplifying the user experience increases the chances people actually take action.

Links & Resources

• Website: HerFirstHouse.org
• Instagram: @RealEstateWithEtsi
• Book Mentioned: Predictably Irrational by Dan Ariely
• Podcast Mentioned: Her First House podcast

If you enjoyed this episode, don’t forget to rate, follow, and review the show. Share it with someone who’s ready to take control of their finances—and take action toward their first or next real estate deal!

In this episode, I sit down with Kevin Choe—a 23-year-old real estate investor who’s done over 150 deals using creative finance, all within two years of getting started. Kevin opens up about his humble beginnings, dropping out of college, scraping together stimulus checks for mentorship, and how that leap of faith changed his life.

We dive deep into the mindset, systems, and strategic shifts that helped him rise from $100 to $15K/month—and then to building a scalable business with seller-financed multifamily deals. Kevin shares what it means to bet on yourself, why mentorship was worth every penny, and how bringing in a CFO helped him step fully into the visionary role of his business.

Episode Timeline

[0:00] – Introduction

[1:04] – Why Kevin hired a CFO at 23—and what it did for his growth

[3:55] – How wholesaling got him to $15K/month—and why that wasn’t enough

[5:47] – Two years of struggle before the big breakthrough

[7:01] – 3 game-changing factors that helped Kevin explode his business in 2023

[10:07] – From community college dropout to creative finance expert

[12:06] – How stimulus checks and desperation led to investing in mentorship

[14:02] – The real ROI of mentorship—and how it saved him years of trial and error

[19:13] – The mindset shift: going all-in when there’s no Plan B

[21:32] – Hiring a CFO early to gain clarity, freedom, and scale

[25:21] – Transitioning into seller-financed multifamily and scaling up

5 Key Takeaways

1. You don’t need experience—you need hunger. Kevin built his business from nothing with grit and focus.
2. Creative finance is a superpower in today’s market. Mastering it opened doors no traditional strategy could.
3. Mentorship changed everything. The right guidance fast-tracked his success and rewired his mindset.
4. Financial clarity is key. Bringing on a CFO gave him the tools to scale without chaos.
5. Belief beats backup plans. Betting on himself was the catalyst behind every big move Kevin made.

Links & Resources

• Follow Kevin on Instagram: @thekevinchoe
• Need help managing your money as you scale? Visit: www.simplecfo.com

If Kevin’s story inspired you, don’t forget to rate, follow, and review the show—and share this episode with someone who’s ready to bet on themselves and go all-in.