Do you want to learn how to give your money a purpose? Join us in today’s episode with David Richter as we look into common financial mistakes made by investors and how to prevent them, plus ways to establish a system to help you make the most of your income!

Key Takeaways to Listen for

• Biggest financial mistakes real estate investors make
• Why you should know how much money you need to save from your income
• 5 bank accounts every real estate investor should have
• Tips to determine your financial priorities

Resources Mentioned in This Episode

• Rich Dad Poor Dad by Robert Kiyosaki | Paperback and Kindle
• Profit First for Real Estate Investing by David Richter
• Profit First by Mike Michalowicz | Hardcover and Kindle
• Crucial Conversations by Kerry Patterson, Joseph Grenny, Ron McMillan, and Al Switzler | Paperback and Kindle
• Free Apartment Syndication Due Diligence Checklist for Passive Investor 

About David Richter

David Richter is an active real estate investor who has been essential in closing over 850 deals which include wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 deals a month to over 25 deals a month, he realized that as much money was coming in, it was going right out. With the unique opportunity of being in every seat as a real estate investor, he found a calling to the company’s finance seat to help them see where their money was really going.
David has helped real estate companies completely turn around from going out of business to building cash reserves through his profit advising company, Simple CFO Solutions, LLC. He is the author of Profit First for Real Estate Investing. His goal in life is to completely transform the Real Estate Investing industry when it comes to how real estate investors view their finances and – bring them true financial clarity and freedom.