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Podcast: Money Ripples Podcast
Episode: Your Business Needs This To Survive in Any Economy I Guest David Richter
Description: Let's dissect this misconception surrounding real estate investing. It is not "investing" as we talk about it on this podcast. It is a business. Many "real estate investors" are, in reality, embroiled in a financially unstable job rather than nurturing a sustainable business. David Richter, owner and founder of Simple CFO, saw this firsthand in his own REI business. He wasn't tracking his money and it was hurting his profits, even giving him negative cash flow months. So, he decided to change that by creating a system that worked to make his business profitable not just for one quarter, but...