Richter - Profit First for Real Estate Investing

Books change lives. The author puts all their knowledge of their particular area of expertise into a few hundred pages. Its printed, digitized to an e-reader format, or recorded to an audio file. And voil, the reader has a cheat sheet to achieving their goal. Years, decades, or even a lifetime of knowledge is collected, collated, compressed, and packaged up. The best of the best resides right there in your hands.

I am convinced you are about to experience the same with this book. David Richter is about to transform your life. I know it because he has put that transformational power within these pages. A lifetime of knowledge is in these pages. Your job is simple: Read it and do it.

Davids own life was transformed through a book too. He read Rich Dad Poor Dad by Robert Kiyosaki. As he dug into the pages, it inspired him to become a real estate investor. He bought his first house, fixed it up, and lease optioned the property. The tenant cashed him out six months later. Transformed by the book, David devoted his career to real estate investing. His thirst for knowledge grew. His desire to share what he learned grew.

While doing personal deals as a side hustle, David joined a small real estate investing company with seven people who closed just under ninety deals a year. He helped grow the company to become one with thirty employees who closed three hundred deals a year. David guided the business through flips, wholesales, turnkeys, rentals, lease options, creative financing, and a variety of exit strategies. But that was just the beginning.

David has served in every capacity you can within the real estate investing realm. He has facilitated marketing, sales, property acquisition, property management, project management, transaction coordination, and financing. He knows the process inside and out. And he knows the challenges inside and out too. The biggest problem? Cash flow management. And David knows how to fix it.

David was quickly recruited by another real estate investor to transform their finances. Through simple and impactful enhancements to their cash management process, he was able to immediately transform the investors business.

In 2019, David launched Simple CFO Solutions to help real estate investors make more money and keep more money. His method? Profit First. Specifically, Profit First enhanced for real estate investors. Within a year, Simple CFO Solutions has already served seventy-seven real estate entities to enhance their financial acuity. David made them more money and helped them keep more money. He saved them from the struggles that riddle the industry.

I wonder if you can relate. Have you experienced the highs and lows (as in really low lows) of living deal to deal? Have you experienced cash surging in and inevitably surging out? Do you feel that everyone else in the industry has it dialed in and you dont? Would you rather ignore your finances than try to sort out the tangled mess? Are you not paying yourself enough? Consistently? Or even at all? If you said yes to even one of these questions, I have good news. You are not alone and there is a solution. And if you said yes to many or all of these questions, your situation is very fixable. This book answers every question and more.

How do I know? Because of Davids track record. He makes real estate investors profitable, every single time. He took the Profit First principles and enhanced them specifically for your needs. He extracted the best of the best financial strategies from the hundreds of transactions he has facilitated and the countless other ones he has studied. He has distilled the lessons of some of the greatest investors of all time. And he has packed it all in this book for you.

After implementing what David teaches within these pages, one investor said to David, If I had started this system years ago, I would have five million more in my bank account today. Heed that thought. You too can have five million or more sitting in your bank account. But for that to happen, you need to start the system today. Immediate action will bring long-term wealth. Waiting a moment too long will simply prolong your financial struggle. Read this book and do this book.

David has your solution, but there is one more thing you should know before you get started. He cares. He loves the industry, and he loves the people in it. He knows that real estate is a force for good. It brings wealth and security to countless people. It affords quality homes for people who otherwise would not have access. And it is one of the biggest components of our global economy.

Your success is everyones success. David and I want that for you. And you can have it. You simply have to take the next steps. Start reading. Start doing.

I cant think of a better deal on this planetreal estate includedthan reading a book that transforms your life. A book that was written by an industry authority, for your industry, to fix your biggest need. You have it in front of you right now, in this moment. So get started, right now, in this moment. Your life is about to be transformed by this book.

Mike Michalowicz, author of Profit First