BTM189: Profit First for Real Estate Investors with David Richter

On todays episode, we interview the brand new author of Profit First for Real Estate Investing, David Richter.

David is a long time property investor that has been apart of over 850 deals in his lifetime and through his experiences has learned how best real estate investors can manage their finances as well as their mindset on money. We take abstracts financial concepts and implement tactical strategies on this episode to be great stewards of our own finances on todays show.

Key Points From This Episode:

  • Infinite banking for real estate investors
  • Understanding the importance of “passthrough” bank accounts
  • 3 month reserve for potential deals?
  • David’s opportunity to author a new version of Mike Michalowicz’s “Profit First” but for real estate investors

Links Mentioned in Today’s Episode:

David’s Website

Recommended Books:

Rich Dad, Poor Dad by Robert Kiyosaki

Boundaries by Henry Cloud and John Townsend

Listen to these books for free!

Lifestyle Design App:

Google Calendar

Other ‘Profit 1st’ Episodes:

BTM146: Profit 1st, The 20-Hour Work Week & A 4-Hour Body

BTM 41: Is Your Primary Home An Asset Or Liability?