Why are real estate investors always cash poor?

I remember I had, I don't know, 800 grand in the bank.

But I know that I have 30 properties on the market and, you know, they're going to sell and I'll make money, right?

So it was never a problem until it was.

Number one thing we hear is I make money but feel broke.

A lot of people are like running an accidental nonprofit.

Like they are really literally going out

of business themselves and they should be, you know, giving money.

What's up, wealth builders? Today we're going to talk about how you can put more cash in your

pocket. Have you ever thought about, man, I'm making all this revenue, but I don't know where

all the money's at. Well, there was a book written called Profit First that explained why that

happens and how to start tracking your cash better, managing your money and everything else.

And this guy that I have today is actually the co-author of Profit First for real estate investors.

I've got David Richter. What's up, man?

What's up, Brian? Thanks for having me.

Yeah, happy to have you here, man. So, dude, why are real estate investors

always cash poor? I always call them broke, which isn't probably the right term, but like,

they're always cash for. Yeah, they are. I think, oh man, that's a loaded question right out of the

gate. I think a lot of them have the mindset, the root issue is that more deals solves all the problems.

That's what we were.

Like I was part of a company where we were doing 25 deals a month, but spending 26 worth out the door.

And that doesn't work very well.

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