Join Pace Morby and David Richter, founder of Simple CFO and author of Profit First for Real Estate Investing as they discuss how to scale your real estate business and PAY YOURSELF according to the Profit First method. David explains why he wrote the book and how it has helped countless business owners not only make smarter financial decisions, but also PAY THEMSELVES. He breaks down the three big business accounts you need to separate money efficiently. If you’re a business owner, do you know how much to pay yourself? David discusses how to determine what your profit is and how much to take home.

Pace talks about how he’s implemented the Profit First method and how he scaled every business he’s ever operated. Discover why this system works. 96% of businesses will never do a million dollars a year in revenue because they haven’t scaled because they don’t understand the money blueprint portrayed in Profit First.

Grab your free copy of Profit First: https://simplecfo.com/pace/

Listen to David’s Podcast: https://simplecfo.com/podcast/
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖


► Join The Subto Community:
https://subto.sjv.io/g1EY4g

► Want to become a Gator (Private Money Lender)? Join us for the upcoming LIVE training:
http://joingatortribe.com/yt

► Join Our Free Facebook Group:
https://paceapproves.com/freefb-yt

► Become a Top Tier Transaction Coordinator:
https://toptiertc.pxf.io/5gNoyn

► Learn how you can become a Real Estate Success Story:
https://getcreativepodcast.com/

Chapters:
0:00 - Intro
1:00 - Simple CFO
2:40 - Profit First for Real Estate Investors
5:18 - David’s First Real Estate Deal
7:56 - Scaling Your Business
11:00 - Profit First Model
20:40 - Different Accounts to Make/Use
24:15 - How Much Do I Pay Myself?
28:53 - Profit First Money Blueprint
33:00 - Outro

➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
⬇️ Get My Exact Wholesaling Contract For Only $1 (I Paid Thousands) ⬇️
https://paceapproves.com/wholesalecon...

🔌 PLUG IN & SUBSCRIBE 🔌

✌️ Follow Me On Instagram:   / pacemorby  
✌️ Follow Me On TikTok:   / pacemorby  
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

⚠️ #CreativeFinance #Investing #Wealth #RealEstateInvesting #Wholesaling #SubjectTo #HowToGetStartedInRealEstate ⚠️

🚧🚧🚧 DISCLAIMER 🚧🚧🚧

❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎