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Wholesaling Inc with Brent Daniels

WIP 1003: Profit First – These Mistakes Are Costing You

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

Real Estate, Education, Wholesale Houses, Entrepreneurship, Business News, Make Money, How To, Entrepreneur, Business, Real Estate Agent, News, Wholesaling, Houses, Cash Buyers

4.91.4K Ratings

🗓️ 27 July 2022

⏱️ 39 minutes

🧾️ Download transcript

Summary

Imagine making over $600k monthly with wholesaling and still losing money? Unfortunately this is a trap many real estate investors fall into. We tell ourselves the more deals and the more employees we have the better. And without an accounting system and accounting philosophy to keep us in check, we end up living paycheck to paycheck instead of achieving the true financial freedom we got into real estate for. Today’s guest, David Richter, is the founder of SimpleCFO and author of Profit First...

Transcript

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0:00.0

So can you give one mistake that you see most newbie, like new to the business, say one

0:07.3

year or less in?

0:08.8

Could you think of one mistake that you see the most?

0:11.1

Biggest mistake I see is having one big bank account where all your money goes in, all

0:15.7

your money goes out and you're tossing a cash sound.

0:18.8

This is game changing information guaranteed to raise your real estate wholesaling

0:23.5

business with actionable steps you can take immediately to navigate the ins and outs

0:28.1

of wholesaling and start making money today.

0:31.6

Join us as we put our guests in the hot seat and dive deep to dissect their strategies

0:36.2

for success to enable you to duplicate their results.

0:39.4

You're listening to wholesaling ink.

0:41.8

The only show dedicated to making you a fortune in wholesaling.

0:48.3

What's up, rhinos?

0:49.8

You're listening to the wholesaling ink podcast.

0:53.3

I'm your host Lauren Hardy.

0:55.1

And today I've got David Richter on the show with me.

0:59.1

David owns a company called Simple CFO and David is the man to go to to talk your finances.

1:07.5

We're going to have an uncomfortable conversation.

1:09.8

I'm sure as you guys are listening, you might be squirming in your seats because I feel like

1:14.4

that's what everyone does when we actually start talking about your personal finances or

1:18.6

your business finances.

1:20.4

But we have to get real with ourselves, especially with the times right now, you know,

...

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