Profit First For Real Estate Investors
- Chris McCormack
- 17 minutes ago
- 1 min read
What if your business is making more money, but you’re still not keeping any of it?
In this episode of the Know Your Numbers Podcast, Chris McCormack sits down with David Richter, founder and CEO of Simple CFO and author of Profit First for Real Estate Investing, to break down the financial systems that help business owners take control of their cash.
Know Your Numbers Podcast • Episode 154
David shares his journey from working in real estate and helping scale a company to 25 deals a month - while spending the equivalent of 26 - to discovering the power of cash flow management and developing a system that helps business owners not only make money, but actually keep it.
Learn how proper bookkeeping, Profit First, budgeting, and financial reviews can help you build a healthier, more profitable business while avoiding costly mistakes.
Highlights and strategies in this episode:
From Teacher To Investor
Starting Simple CFO
Discovering Profit First
Profit First Explained
Golden Trio Accounts
Cut Costs Save Business
Automate The Buckets
Cash Flow Management
Whether you're a real estate investor doing your first deal, running multiple deals per month, or operating a completely different type of business, this conversation offers practical ideas for gaining clarity and taking control of your finances.
We support real estate investors on their journey to having the right financial systems. Partner with our team to help you build a better business strategy now.
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