Profit First With Private Money!!! - David Richter & Jay Conner

Profit First With Private Money!!!

On Raising Private Money we’ll speak with new and seasoned investors to dissect their deals and extract the best tips and strategies to help you get the money!

Today we have David Richter!

David is an active real estate investor who has been essential in closing over 850 deals over the last 10 years.

He has experience with wholesale, turnkey, BRRRR, owner finance,
rentals, lease options, and any other exit strategy you can think of.

While growing and building a real estate business from 5 to over 25 deals a month, he realized that as much money was coming in, it was all going right out the door.

With the unique opportunity of being in every seat as a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went.

David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system.

He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages.

To help even more people, he wrote Profit First for Real Estate Investing - a derivative of the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors.

His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses.

As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal.

Timestamps:
0:01 - Raising Private Money with Jay Conner
3:39 - Profit First for Real Estate Investing: Summary of Cash Flow Management System.
6:30 - Income solves all problems, but systematic management is key.
11:32 - The Core Finance Principles
14:04 - The Golden Trio
17:48 - Profit account builds confidence and financial freedom.
22:31 - 90% of Business Owners don't pay themselves enough.
25:10 - Start small, gradually increase payments, and prioritize survival.
28:09 - https://www.SimpleCFO.com/freebies/
29:31 - Financial leader helps businesses manage their finances.
31:29 - Jay’s Free Money Guide: https://www.JayConner.com/MoneyGuide

Private Money Academy Conference: https://www.JaysLiveEvent.com

Jay Conner’s Money Guide:
https://www.jayconner.com/MoneyReport

Free Trial! Join the Private Money Academy:
https://www.jayconner.com/four-week-free-trial-v2-0/

Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at https://www.JayConner.com/Book

What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast

Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.

https://youtube.com/live/Bw-c2nYGfmo

#RealEstate #PrivateMoney #FlipYourHouse #RealEstateInvestor

What is Real Estate Investing? Live Private Money Academy Conference
https://youtu.be/QyeBbDOF4wo

YouTube Channel
https://www.youtube.com/c/RealEstateInvestingWithJayConner

Apple Podcasts:
https://podcasts.apple.com/us/podcast/private-money-academy-real-estate-investing-with-jay/id1377723034

Facebook:
https://www.facebook.com/jay.conner.marketing

Twitter:
https://twitter.com/JayConner01

Pinterest:
https://www.pinterest.com/JConner_PrivateMoneyAuthority