27 min listen
WIP 1345: The Wealth Building System You Never Knew You Needed
WIP 1345: The Wealth Building System You Never Knew You Needed
ratings:
Length:
29 minutes
Released:
Nov 17, 2023
Format:
Podcast episode
Description
Let’s discuss maximizing those returns and making every deal count with David Richter! David Richter saw Profit First and thought, "Hey, let's make real estate profits less bumpy.” With Profit First REI, you can decide what's yours before diving into expenses. It's like having a clear roadmap for spending and saving, all in your hands. And in today’s episode, he will share the ins and outs of this wealth-building system you never thought you needed.Like what you just heard? Dive into even more by exploring the Land Sharks Program.----------Show notes:(1:16) Beginning of today's episode(6:29) Profit first leads you to better questions about your cash (11:11) Utilizing private lending (14:15) If you have reserves, you can grow your business(16:42) The profit-first system (21:20) You need to find what you need for your business(22:03) Setting up a bank account-like the envelope method!(23:10) Sweep the money first into the profit accounts----------Resources:Profit First by Mike MichalowiczProfit First for Real Estate Investing by David RichterSimple CFOFree Ebook, Audiobook and Profit First Cheatsheet- www.simplecfo.com/wholesalinginc To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Released:
Nov 17, 2023
Format:
Podcast episode
Titles in the series (100)
WIP 02: How to Turn a $5k Deal into $25,000: Would you like to make MORE money on your deals? How's about 5X as much (or more) per deal?? In today's episode, we speak with Texas Real Estate Attorney, Victor Maas about how he regularly turns $5,000 deals into as much as $25,000...or more!! He... by Wholesaling Inc with Brent Daniels