Profit First For Real Estate Investors podcast

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David Richter에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 David Richter 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

<div class="span index">1</div> <span><a class="" data-remote="true" data-type="html" href="/series/ted-business">TED Business</a></span>

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TED Business

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6일 전6d ago

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Whatever your business conundrum, there’s a TED Talk for that—whether you want to learn how to land that promotion, set smart goals, undo injustice at work, or unlock the next big innovation. Every Monday, host Modupe Akinola of Columbia Business School presents the most powerful and surprising ideas that illuminate the business world. After the talk, you'll get a mini-lesson from Modupe on how to apply the ideas in your own life. Because business evolves every day, and our ideas about it should, too. Follow Modupe on Instagram @mnakinola and LinkedIn @mnakinola Hosted on Acast. See acast.com/privacy for more information.

Profit First for Real Estate Investors

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You’re a real estate investor who is passionate about real estate and making a difference in your community. You’re a hard worker and you love the freedom that comes with being your own boss and owning your own business. You started this business because you wanted more time and money in your life, but financial freedom seems to always be on the other side of that “next” deal. Like most real estate business owners, you are broke and have no control over your finances, and it’s hard to admit it. You know how to make a lot of money, and you keep working harder and harder, but have little to nothing in your bank accounts to show for it. You give the keys to your finances to some bookkeeper or accountant that you “hope” will fix all the problems, yet the problem seems to get worse. You often feel like a rat in a maze, sometimes living from deal to deal, hoping to work your way out debt. This leads to feelings of stress and overwhelm because you aren’t paying yourself enough and you’re just one bad deal away from going out of business. It’s time to stop living paycheck to paycheck and start actually keeping more of the money you work so hard to make! To have less stress, less confusion, to sleep better at night, and have a healthy, profitable business that enables you to have more time with your friends and family, not less. It’s time to start putting more actual profit in your pockets and know what you can spend on yourself, your family, and on growing your business. The key to this future is to put profit first and have a system for your cash flow that is dependable and reliable. Cash is not king, cash management is king.When you control your cash, you control your business. And when you control your business, you’ll have more profit and more time to do more of what you love. You got into this business to achieve true time and money freedom in your life and I’m here to show you, that with the right systems in place, you can have all of those things…and so much more. We’re the Profit First for Real Estate Investors Podcast, where we put profit first because it changes the way we live our lives, build our businesses, and pursue the things that matter the most. Our mission is to make money “one less thing” you worry about by empowering you with the tips, tactics, and strategies you need to finally take control of your finances…and of your life. Join us each week on the Podcast as we speak with real estate investors from around the country who put profit before expenses, value substance over status, and place the health of their business above growing their egos. In each episode, real estate investors from across the country will share how they’ve completely changed their business by implementing Profit First. You’ll hear how these battle hardened real estate investors were able to completely turn around and revolutionize their businesses, and in many cases, their lives, and learn from their mistakes and failures...so you can avoid doing the same things in your own business. We focus on the journey to greater profitability and cash in your pocket without becoming a financial wizard or needing to close more deals. Earning more money and keeping more of what you earn is the only true path to freedom. You don’t need to do more deals to keep more money, you just need to take your profit first. Welcome to the Profit First for Real Estate Investors Podcast.

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#Trading #Business #David Richter #Profit #Real Estate #Real Estate Investing #Real Estate Education #Financial Management #Finance #Bookkeeping #Financial Freedom #BiggerPockets #Flip Houses #Wholesaling #Land Investing #Rental Property #Rental

Profit First for Real Estate Investors

updated 약 1년 전

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Profit First for Real Estate Investors

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Creative Financing and Profit First: Building Wealth in Real Estate with Joe and Jen DeFave 29:15

30 weeks 전29:15

나중에 재생

리스트

29:15

"Our favorite way to buy real estate is to learn how to buy rentals without banks, without using your credit, and this is the strategy we've been using now for eight years." In this episode of Profit First for REI podcast, we interviewed Joe and Jenn Delle Fave on the show. Joe and Jenn are real estate investors, coaches, and the duo behind the Creative Finance Playbook—a YouTube channel where they share the wonders of non-traditional financing for real estate. Listen as they share their experiences with Profit First and what it feels like working with a CFO. They also talked about learning to buy rentals without banks and credit cards, how to get leads, and more! Enjoy the show! Key Takeaways: [01:05] Introducing Joe and Jenn Delle Fave [03:21] Jenn's experience with Profit First [05:26] Surprising things working with a CFO [12:19] Learn how to buy rentals without banks [18:16] How does marriage help them on the financial side of things? [22:20] How do I get leads? [25:35] Connect with Joe and Jenn Delle Fave Quotes: [03:48] "A CFO is for anyone looking to get their financials in order, and take that stress off of you as an entrepreneur because there are a lot of other things you can be doing, and should be doing with your time." [14:19] "The key [in real estate] is to have a strategy that isn't depending on the rates of banks and things like that..." [22:31] "This was probably my biggest challenge, and I've noticed this is a lot of folks' biggest challenge: How do I get leads?... We've found a free method. It costs zero dollars to do... by using Facebook groups." Connect with Joe and Jenn: Website: https://creativefinanceplaybook.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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From Spa Owner to Real Estate Innovator: Tiffany's Journey 27:40

43 weeks 전27:40

나중에 재생

리스트

27:40

In this episode of Profit First for REI podcast with David Richter, he interviewed Tiffany Milttal. She is a seasoned multifamily real estate expert with over 13 years of hands-on experience. Tiffany is the founder and CEO of Utility Ranger. Utility Ranger is a revolutionary tenant utility billing software company founded in 2020. Today, David and Tiffany talked about her real estate journey, the mechanism of the Ratio Utility Billing System, and how she founded her company, Utility Ranger. Enjoy the show! Key Takeaways: [00:44] Introducing Tiffany Milttal [02:12] Her real estate journey [04:41] RUBS [08:01] Switching to the Property Technology side [10:06] Utility Ranger [20:19] Property Conservation and Property Appreciation [24:49] Connect with Tiffany Milttal [25:42] Lesson learned from her real estate journey Quotes: [03:53] "When you have third-party management, you need what you need to know. You know how to asset managed versus property managed." [06:28] "Utility Billing Service Companies, they are companies that take all these master metered utility bills and rebuild them out to your tenants with a mechanism called RUBS." [10:06] "How can I take this service model and turn it into a software model? This is how our company Utility Ranger was born." Connect with Tiffany: Website: https://utilityranger.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Building a Real Estate Empire in Small Markets 19:46

44 weeks 전19:46

나중에 재생

리스트

19:46

In this episode of Profit First for REI podcast, we interviewed Josh Chapman. He has been a real estate investor, entrepreneur, and engineer for ten years. While learning about real estate, he read Profit First and implemented the system immediately. Having the cash flow issues, he wanted to keep his finances organized. Listen as he shares how Profit First helped him in his real estate investing journey. Enjoy the show! Key Takeaways: [01:13] Introducing Josh Chapman [01:40] His Profit First Journey [02:51] Cash flow issues [07:31] Types of real estate he gets into [10:08] Scaling up properties [12:57] Life without Profit First [16:36] Small Town Investment [17:54] Connect with Josh Chapman Quotes: [03:43] "I knew I had to find a system to help keep things organized and not run into cash flow issues as I started other businesses." [08:26] "Fast forward about six months, I am operating five Airbnb's. I realize there is some great money to be made doing this, but instead of renting properties, I started exploring what it looks like for me to buy properties." [17:46] "Keep their eyes open. Don't feel like you have to be in the big market. You can do well in small markets." Connect with Josh: Email: josh@smalltowninvesting.com Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Escaping the Rat Race: Insights from Matt Theriault 27:29

45 weeks 전27:29

나중에 재생

리스트

27:29

In this episode of Profit First for REI podcast, we interviewed Matt Theriault. Matt has been a real estate investor for a long time and a big Profit First fan. He shared advice for people on escaping the rat race and how did he stay out of inflation. He also shared a great insight about real estate, how it allows us to deal with money, and what it produces. Listen and enjoy the show! Key Takeaways: [01:07] Introducing Matt Theriault [02:28] Following the traditional route [05:47] Rich Dad, Poor Dad introduced passive income to Matt [10:26] Micro trading [15:12] Compounding asset [20:35] A homeowner who owns one house is 40 times wealthier than the renter [22:05] Matt's book [23:10] Connect with Matt [25:53] His advice for real estate investors Quotes: [06:39] "Kiyosaki's definition of wealthy is just having more money come in each month than you spend." [11:38] "You need to be careful on what you hold so dear to your heart and what you believe to be absolute facts... the system will always win." [19:34[ "You know what? It may be a bad investment, but if that is your only way to get in, get in with your primary residence." Connect with Matt: Website: https://epicrealestate.com/ His Book: https://myescapebook.com/freedom-formula Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Profit First Strategies with Jay Conner: The Power of Private Money 32:18

46 weeks 전32:18

나중에 재생

리스트

32:18

There are 15 reasons to love about borrowing private money over traditional money. One of them is making your own rules for your private money. In this episode of Profit First for REI podcast, Jay Conner, a nationally renowned real estate investor and the king of private money. He talks about how private money works. Jay helps you get your money from private lenders and will share with you the mindset that will get you money in the door without you ever having to worry about it. Listen and enjoy the show! Key Takeaways: [01:01] Introducing Jay Conner [05:00] Introduction to private money [08:30] The Great News Phone Call [11:23] Why don't you use your own money? [13:18] Maintaining relationships with private lenders [15:40] Private money vs traditional money [22:05] Things that make them want to recommend you [25:18] Advice for real estate investors [29:01] Connect with Jay Conner Quotes: [07:34] "If you are talking about private money and raising private money with an individual and you got a deal for them to fund, you already sounded desperate." [12:07] "If you want to scale your business, private money is the way to go." [16:05] "In this world of private money, we make the rules. We set the interest rate, we sent the length and all of that." Connect with Jay: Website: https://www.jayconner.com/book-details/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Rising Above Challenges - Greg Slaughter's Real Estate Revival 33:21

47 weeks 전33:21

나중에 재생

리스트

33:21

"People must not just be successful financially but become a thriver in life." In this episode of Profit First for REI podcast, we interviewed Greg Slaughter. He is a real estate investor with a massive portfolio, especially in residential real estate. Greg talks about his real estate investing journey, through emotional ups and downs. He also shared how he lost everything back in 2008 and how he recovered and went to the best time of his life. He will ensure that you will be a great business owner and that your business will serve you. Enjoy the show! Key Takeaways: [00:49] Introducing Greg Slaughter [02:01] How he got into real estate [06:51] His W2 job [08:30] His first rental property [12:40] First year being full-time in real estate [20:54] Business must serve you [23:07] Helping people financially [29:10] The right way to do a business [30:21] Connect with Greg Slaughter Quotes: [07:47] "I was trained in the systems. Everything I do is a system, and what I do today is based on systems." [20:52] "Business is supposed to be serving you. You are not supposed to be serving your business." [29:10] "The concept isn't to grow business. The concept is to create a business around your lifestyle to provide the finances you desire. It should be built around you." Connect with Greg: Website: https://www.gregslaughter.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Realize Your REI Potential with Jennifer Steward: Authenticity, Profitability, and Consistency 35:41

48 weeks 전35:41

나중에 재생

리스트

35:41

In this episode of Profit First for REI podcast, we are sitting down with Jennifer Steward of REI Data Source, to unveil the secret weapon you've been missing: authenticity. Jen will crack the code on how to project a winning image that seals the deal…But wait, there's more! Learn the top revenue activities every entrepreneur should master and discover the power of consistent strategies to solve your REI problems. This episode is your blueprint to a thriving virtual business. Don't miss out! Key Takeaways: [0:50] Introducing Jennifer Steward [6:07] Project an image of success from time to time [9:16] Some best revenue activities that every entrepreneur should know [11:00] Leveraging every avenue that you can, get consistency, and make sure you’re solving current problems [17:43] The golden ratio in social media marketing is: 90% business and 10% personal [25:02] The benefits of running a virtual business Quotes: [4:20] “Authenticity is like a business repellant.” [10:09] “In a market where you can’t dind deals but there’s plenty of money, you have to be the person who knows how to find the deals.” Connect with Jennifer: REI Data Source Website: https://www.reidatasource.net Jen’s Email: jen@reidatasource.net Phone Number: (469) 952-8011 Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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CEO Synergy and Business Credit Unveiled by Amanda Webster 32:39

49 weeks 전32:39

나중에 재생

리스트

32:39

In this episode of Profit First for REI podcast, we have Amanda Webster. She is a business funding educator, credit expert, leadership consultant, and speaker. She is also the Chief Operating Officer of Fund&Grow. Amanda talks about her relationship with her CEO, things about purchasing properties or building your business credit and making sure that you are not just always spending your own money. This episode is for you! Enjoy the show! Key Takeaways: [00:56] Introducing Amanda Webster [02:41] How she started working with Fund&Grow [04:32] Law of attraction [09:03] What makes a successful COO-CEO relationship [12:38] About Fund&Grow [18:12] Personal guarantees [21:00] The lines of credit [28:00] The advantage of using credit cards [30:36] Connect with Amanda Webster Quotes: [05:29] "Leadership is what dictates the success of the company and its employees." [19:04] "A lot of people don't realize the importance of separating business and personal business and how much over-extending your personal hurts you in so many ways." [28:06] "There is an extreme amount of value in using business credit cards because there are points, rewards, and cashback." Connect with Amanda: Website: https://funding.fundandgrow.com/simple-cfo Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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How to Save Big on Taxes: Practical Advice from Shauna, the Tax Goddess 30:56

50 weeks 전30:56

나중에 재생

리스트

30:56

In this episode of the Profit First for REI podcast, we have Shauna, the Tax Goddess. Shauna is a highly sought-after Tax Strategist who helps successful business owners, entrepreneurs, and high-wage earners reduce their tax burden. If you need practical advice on keeping more money in your pocket and not paying too much tax, Shauna has a wealth of knowledge! In this episode, she shares ways to save money on taxes and more ways to increase your profitability. Enjoy the show! Key Takeaways: [00:55] Introducing Shauna the Tax Goddess [01:45] 'The Tax Goddess' [03:18] How did she become a tax strategist? [07:25] Ordinary, necessary, reasonable [12:28] Different tax strategies [17:29] What is your aggression scale? [19:51] Specific tips for real estate investors [25:45] Performance vs Culture [28:40] Connect with Shauna, The Tax Goddess Quotes: [10:49] "A lot of what you do as a business owner, you need to run through this filter of ordinary, necessary, and reasonable to determine if for you and what you are doing, you believe that you need those three." [16:24] "Which strategy will be the best depends on what you as a taxpayer want for you, your family, and your wife." [18:09] "Your aggression scale will determine which strategies you can use or don't use." Connect with Shauna: Website: https://taxgoddess.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

1
From Ministry to Real Estate - How Scott Poirier Built a Thriving Business 36:04

51 weeks 전36:04

나중에 재생

리스트

36:04

Know other people's stories. It is Scot Poirier's striking advice for investors on their first deal. In this episode of the Profit First for REI podcast, Scot, a successful real estate investor and coach, gives you practical advice on investing in real estate and how to get a seller to open up. He also shares his story of his first deal and the challenges he overcame in his journey. Listen to have the right motivation and hope to pursue your real estate investing journey. Enjoy the show! Key Takeaways: [00:39] Introducing Scot Poirier [02:55] Life before real estate investing [06:17] His very first deal [09:57] After repair value [10:49] The wake-up call [16:51] Learning about people [25:28] How can you make people open up to you? [30:22] Remove 'permission language' [33:10] Connect with Scot Poirier Quotes: [05:13] "People are people. They have crises, and they need to have a sense of trust to work with you." [10:51] "When you don't know that you don't know, you might get lucky on a deal, but when the other shoot drops, it hurts." [29:12] "Don't give up. Surround yourself with good people. People that have your interest in mind." Connect with Scot: Website: https://www.facebook.com/scot.poirier Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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The Essential Legal Checklist for Real Estate Investors 33:03

52 weeks 전33:03

나중에 재생

리스트

33:03

Joining us in this episode of Profit First for REI podcast is Chris Johnsen. He is a lawyer in the real estate space and worked primarily for commercial real estate. In this episode, Chris talks about the common pitfalls people go through in real estate and when you need a lawyer in your business. Listen as he explains why you should hire a lawyer for your business contracts. Enjoy the show! Key Takeaways: [01:03] Introducing Chris Johnsen [04:34] Getting into a specific niche as a lawyer [09:03] Education as an investment [14:52] The Golden Handcuffs [17:21] Most common questions he gets as a lawyer [23:20] Operating Agreement [26:48] At what point should people get a lawyer? [30:47] Connect with Chris Johnsen Quotes: [02:43] "I saw two things in lawyers. I saw that they provide value that is needed and are expensive." [09:03] "You should look at your education as an investment in yourself." [23:20] "Operating agreement is a contract between the company's owners on how to run the company... there are so many pitfalls." Connect with Chris: Website: https://www.johnsenlaw.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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The Secret Sauce of Real Estate Investing: Insights from Martine Richardson 32:48

1 year 전32:48

나중에 재생

리스트

32:48

"I'm okay with sacrificing now for a greater future." In this episode of the Profit First for REI podcast, we have Martine Richardson. She has been a real estate investor for about ten years, from being a full-time employee with no money and no time freedom. Martine shares practical steps on getting out of the rat race and her experiences on her real estate journey. Listen and enjoy the show! Key Takeaways: [00:50] Introducing Martine Richardson [02:40] Before entering the real estate space [07:10] Sandwich lease option [11:31] Buy and hold [14:04] The Power of Holding [15:55] Two ways to know how much money you need per month to live comfortably [19:34] Mid-term rentals [28:14] Martine's advice for real estate investors [30:45] Connect with Martine Richardson Quotes: [07:13] "Sandwich lease option agreement, when you are leasing a property and you have the option to purchase it in the future." [13:49] "I've always been like a long-term thinker. I'm okay with sacrificing now for a greater future. Me holding made complete sense to me." [28:23] "Many people are stuck in the analysis-paralysis stage because they want to know everything about how to do something... I would encourage people to learn the first step and take action on that first step. Learn the second step and take action on the second step." Connect with Martine: Website: https://www.facebook.com/groups/thefreedominc Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Shifting from Employee to Business Owner Mindset 29:21

1 year 전29:21

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리스트

29:21

Profit First helped a lot of investors. One of them is Trey Nixon, our guest for today's episode. Trey is a real estate investor, business owner, and successful entrepreneur. He implemented Profit First in his business and became successful in real estate. In this episode, he will share how Profit First transformed his life. He will give you hope about this method and how it works. Enjoy the show! Key Takeaways: [00:57] Introducing Trey Nixon [02:18] Life Before Profit First [06:10] Marathon vs Sprint Mindset [11:51] From employee mindset to thinking like a business owner [20:19] Goal of helping other people [25:14] The importance of systems [27:16] Connect with Trey Nixon Quotes: [06:44] "There are two numbers that every investor needs to know. First, what do I need to run this business, and then what do I want?" [11:05] "It took us a couple of years to get from employee mindset to understanding what Rich Dad wanted us to do... We were successful but living paycheck to paycheck."[13:14] "Be yourself. Be strategic. Organize and deploy your money, time, and energy strategically." Connect with Trey: Website: https://www.skool.com/@treynixonofficial Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

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Couples Who Invest Together: The Secret to Mel & Dave’s Real Estate Success 29:27

1 year 전29:27

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리스트

29:27

In this Profit First for REI podcast episode, we feature The Investor Couple Mel and Dave! Today, we have Dave as our guest, and he shares incredible things about real estate investing. Dave Dupuis of the Investor Mel & Dave are innovative real estate investors and award-winning mentors who have acquired over 240 apartments in just a few short years in Canada, the US, Mexico, and Costa Rica. He will tell about his real estate investing journey, how they creatively buy a deal and some of the things that make them unique in the real estate space. Enjoy the show! Key Takeaways: [00:58] Introducing Mel and Dave [02:12] What is it like working with your spouse? [05:01] Getting into real estate [07:47] Buying Mel and Dave's first property [15:33] Paying back with interest first [21:55] The coaching structure [24:42] Get a coach and keep books up to date [26:24] Dave's advice for real estate investors [26:37] Connect with Mel and Dave Quotes: [05:53] "One of the biggest breakthroughs that they have with people is fear. Getting over that fear." [15:26] "The most important thing is I am looking at my time versus effort... and how much money I can make. Most importantly, because I'm using other people's money, paying them back with interest first." [25:33] "Get a coach and make sure your books are up to date from Day 1." Connect with Mel and Dave: Website: https://investormeldave.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

Profit First for Real Estate Investors

1
Finding the Right Insurance Agent: A Key Strategy for Real Estate Investors 33:35

1 year 전33:35

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리스트

33:35

In this Profit First for REI podcast episode, we have Aaron Letzeiser. He is the co-founder and Chief Operating Officer of Obie, an insurance brokerage designed for the unique risks of homeowners and investors. Aaron gives you practical steps and things to do to lower your insurance rates and more about insurance in this episode, but he will surely make this boring topic more exciting. Enjoy the show! Key Takeaways: [01:04] Introducing Aaron Letzeiser [06:13] Insurance black holes [08:15] How Obie helps people [12:30] Maintaining competitive insurance rates [16:17] The claims process [23:48] Actual cash value vs replacement cost [30:01] Aaron's advice for real estate investors [31:10] Connect with Aaron Letzeiser Quotes: [10:30] "Speed and transparency, and more of a consultative approach to what you are buying or paying for, that's the difference with Obie." [15:27] "Find an agent that knows and understands the real estate investment space." [24:36] "Go check out how much property coverage you have." Connect with Aaron: Website: https://www.obieinsurance.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David…

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