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Profit First for Real Estate Investors with David Richter
David Richter
275 episodes
2 days ago
If you can’t instantly see your numbers, you’re not really running a business—you’re rolling the dice. In this episode, I break down why so many real estate investors and entrepreneurs feel constant financial pressure even when deals are closing and money is coming in. I walk through what true financial clarity actually looks like, why tracking the right numbers matters more than tracking all the numbers, and how cash-flow forecasting can help you make smarter decisions before problems show...
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Investing
Business
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All content for Profit First for Real Estate Investors with David Richter is the property of David Richter and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
If you can’t instantly see your numbers, you’re not really running a business—you’re rolling the dice. In this episode, I break down why so many real estate investors and entrepreneurs feel constant financial pressure even when deals are closing and money is coming in. I walk through what true financial clarity actually looks like, why tracking the right numbers matters more than tracking all the numbers, and how cash-flow forecasting can help you make smarter decisions before problems show...
Show more...
Investing
Business
Episodes (20/275)
Profit First for Real Estate Investors with David Richter
Profit First Chat: The Cash Flow Dashboard Every Real Estate Investor Needs | Solocast E2
If you can’t instantly see your numbers, you’re not really running a business—you’re rolling the dice. In this episode, I break down why so many real estate investors and entrepreneurs feel constant financial pressure even when deals are closing and money is coming in. I walk through what true financial clarity actually looks like, why tracking the right numbers matters more than tracking all the numbers, and how cash-flow forecasting can help you make smarter decisions before problems show...
Show more...
2 days ago
14 minutes

Profit First for Real Estate Investors with David Richter
Dave Dupuis: Owning the Deal & Decisions in Real Estate Without Giving Up Control
In this episode of the Profit First for Real Estate Investing podcast, I sit down with Dave Dupuis, one-half of the dynamic duo behind Investor Mel & Dave. Dave shares how he and his wife Mel built a thriving real estate business—owning over 250 units across five countries—without ever using joint venture partners. From his early days as a firefighter to scaling their portfolio through creative financing, Dave unpacks the mindset shifts, systems, and strategies that helped them achieve fi...
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5 days ago
29 minutes

Profit First for Real Estate Investors with David Richter
Profit First Chat: You're Business Makes Money but You Still Feel Broke (How to Fix It) | Solocast E1
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...
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1 week ago
11 minutes

Profit First for Real Estate Investors with David Richter
Martine Richardson: The Type of Real Estate That Builds Real Wealth
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...
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1 week ago
33 minutes

Profit First for Real Estate Investors with David Richter
Frank Iglesias: Why Investing in Just Real Estate Isn’t Enough
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 ...
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2 weeks ago
33 minutes

Profit First for Real Estate Investors with David Richter
Jason Lavender: Investing in Real Estate with NO Profits (And How I Fixed It)
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 eve...
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3 weeks ago
33 minutes

Profit First for Real Estate Investors with David Richter
Eddie Wilson: Why Your First Exit Could Be the Key to Financial and Time Freedom
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 entrepre...
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1 month ago
30 minutes

Profit First for Real Estate Investors with David Richter
Amber Vilhauer: Creating Infinite Impact with Alignment in Your Business
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...
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1 month ago
32 minutes

Profit First for Real Estate Investors with David Richter
Rich Lennon: Why Lending Beats Flipping & How to Do It the Right Way
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...
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1 month ago
32 minutes

Profit First for Real Estate Investors with David Richter
Dean Rogers: A Career in the NFL to Founding Profit in Real Estate Investing
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 d...
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1 month ago
30 minutes

Profit First for Real Estate Investors with David Richter
Etinosa Agbonlahor: The Psychology Behind Smart Investing
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...
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2 months ago
28 minutes

Profit First for Real Estate Investors with David Richter
Kevin Choe: The Creative Finance Playbook That Took Kevin from Broke to 7 Figures
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-fi...
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2 months ago
30 minutes

Profit First for Real Estate Investors with David Richter
Eddie Speed: Create Passive Cashflow without Dealing with Tenants
In this episode, I welcome back my good friend and legendary note investor, Eddie Speed. With over 50,000 notes purchased and more than 25 years of teaching under his belt, Eddie is known as the “Note King” for a reason. If you’re a tired landlord looking for less stress and more cash flow—or if you’re simply seeking a smarter, more passive way to invest in real estate—this episode is going to open your eyes. We dig into how note investing compares to traditional rentals, why now is the perfe...
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2 months ago
28 minutes

Profit First for Real Estate Investors with David Richter
Mark Willis: How to Earn Tax-Free Income Without Tenants, Toilets, or Turmoil
In this eye-opening episode, I bring back Mark Willis, a certified financial planner and expert in non-traditional wealth strategies, to discuss one of the most overlooked wealth-building tools for real estate investors: dividend-paying whole life insurance—also known as the “Bank On Yourself” concept. Mark shares how you can leverage this strategy not just for life insurance, but to create tax-free income, fund your investments, and even replace traditional rentals with guaranteed returns. ...
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2 months ago
33 minutes

Profit First for Real Estate Investors with David Richter
Michael Bartolomei: How Top Investors Use Texting to Build Predictable Profits
In this episode, I’m joined by Michael Bartolomei of Launch Control to talk about why texting isn’t just a marketing tactic—it’s a foundational part of a scalable business strategy. If you’ve been treating SMS as a one-off tool or cutting it when money gets tight, you’re missing out on one of the most powerful ways to create consistent deal flow in real estate investing. Michael brings deep insight from working with investors at every level—from solo operators to large teams—and he shares w...
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2 months ago
31 minutes

Profit First for Real Estate Investors with David Richter
Sharon Lechter: Why Your Mindset Is Sabotaging Your Money & How to Fix It
In this powerful episode, I sit down again with the legendary Sharon Lechter—author of Rich Dad Poor Dad, Outwitting the Devil, and Exit Rich—to explore how entrepreneurs can shift their mindset, take control of their finances, and build lasting wealth even in uncertain times. We go deep into how to mentor your kids on money, why foundational business systems matter more than flashy marketing, and how to shift from owning a job to owning real assets. Whether you’re worried about market inst...
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3 months ago
31 minutes

Profit First for Real Estate Investors with David Richter
Jordan Fleming: Why Your Phone System Is Costing You Deals (and How to Fix It)
In this episode, I sit down with Jordan Fleming the co-founder of smrtPhone and author of Click Call Scale, to talk about the one tool most investors overlook when trying to grow their business: the phone system. We dive into how deep CRM integration, intentional data use, and AI-driven sales tools are transforming the way real estate investors manage teams, follow up with leads, and stay compliant. If you've ever thrown money at leads and wondered why your close rate is still weak, Jordan’s ...
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3 months ago
29 minutes

Profit First for Real Estate Investors with David Richter
Gino Barbaro: The 3 Pillars That Took Me from Burnout to Multifamily Millions
In this episode, I sit down with Gino Barbaro—multifamily investor, author, educator, and co-founder of Jake & Gino. We dive deep into the mindset, systems, and financial foundations that helped him scale from a pizza shop owner to a real estate mogul managing over 2,000 units. Gino shares the critical role that Profit First played in helping him gain control over his personal and business finances—and why so many investors fail not from lack of opportunity, but from lack of clarity and...
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3 months ago
34 minutes

Profit First for Real Estate Investors with David Richter
Caleb Luketic: Rebuilding After Losing $550K in His Real Estate Business
What happens when your business loses over half a million dollars—and it’s your own fault? In this episode, I’m joined by my good friend and client Caleb Luketic, who shares how he climbed out of a $550K loss through strategy, grit, and knowing his numbers. We dive deep into the raw, behind-the-scenes reality of being on the brink—and how clarity, accountability, and CFO support helped him rebuild a thriving business in just 18 months. Caleb doesn’t just talk about the comeback. He reveals ...
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3 months ago
34 minutes

Profit First for Real Estate Investors with David Richter
Chad Harris: How Chad Bought 80 Rental Units Without a Bank or a W-2
In this episode, I chat with Chad Harris, a former missionary turned full-time real estate investor, who’s quietly mastered the art of building a rental portfolio without ever using traditional bank financing. Chad walks us through how he raised millions in private money—starting with zero savings and a $2K/month income—and why less interest is actually more attractive to lenders. From structuring win-win deals to understanding what private lenders actually want, Chad breaks down his strate...
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4 months ago
27 minutes

Profit First for Real Estate Investors with David Richter
If you can’t instantly see your numbers, you’re not really running a business—you’re rolling the dice. In this episode, I break down why so many real estate investors and entrepreneurs feel constant financial pressure even when deals are closing and money is coming in. I walk through what true financial clarity actually looks like, why tracking the right numbers matters more than tracking all the numbers, and how cash-flow forecasting can help you make smarter decisions before problems show...