The DealMachine Real Estate Investing Podcast

462: Are You Keeping Enough Profit From Your Deals?

Episode Summary

David Richter reveals how to accurately track your profit, manage your cash, and use clear benchmarks to keep more money from every deal.

Episode Notes

Most investors have money coming in… but no real clarity on how much of it is true profit. In this episode, David Richter breaks down the exact benchmarks, percentages, and systems you should follow to finally understand what you’re actually keeping from each deal and how to manage your cash the right way. He’ll show you how to avoid being “deal rich but cash poor” and give you a simple framework you can plug into your business today to stay profitable on purpose.

KEY TALKING POINTS:

0:00 - Intro

0:50 - The Business Hierarchy Of Needs

2:37 - REI’s Paradox

3:22 - The Real Estate Rat Race & What To Spend Your $$$ On

4:58 - What Success Actually Looks Like

7:47 - The Winning Financial Framework

10:50 - Most Requested Numbers By Flippers

13:40 - Successful Team Benchmarks

15:25 - Outro

LINKS:

Instagram: David Richter

https://www.instagram.com/thedavidrichter/

Website: SimpleCFO

https://simplecfo.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/