Episode 312: Profit First for Real Estate Investing with David Richter

In today’s episode of Discount Property Investor Podcast, David Dodge has a special guest David Richter, David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 7 years which include 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 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out the door. With the unique opportunity of being in every seat like a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went

Tips.

START WHERE YOU ARE! If these percentages above (the contribution) are too high for you then start where you are now! 

THE GOAL IS TO BUILD THE HABIT OF PAYING YOURSELF FIRST

Try and get into a rhythm with the accounts and the contributions