In this episode of Profit First for REI podcast, we interviewed Josh Chapman. He has been a real estate investor, entrepreneur, and engineer for ten years.
While learning about real estate, he read Profit First and implemented the system immediately. Having the cash flow issues, he wanted to keep his finances organized.
Listen as he shares how Profit First helped him in his real estate investing journey. Enjoy the show!
Key Takeaways:
[01:13] Introducing Josh Chapman
[01:40] His Profit First Journey
[02:51] Cash flow issues
[07:31] Types of real estate he gets into
[10:08] Scaling up properties
[12:57] Life without Profit First
[16:36] Small Town Investment
[17:54] Connect with Josh Chapman
Quotes:
[03:43] “I knew I had to find a system to help keep things organized and not run into cash flow issues as I started other businesses.”
[08:26] “Fast forward about six months, I am operating five Airbnb's. I realize there is some great money to be made doing this, but instead of renting properties, I started exploring what it looks like for me to buy properties.”
[17:46] “Keep their eyes open. Don't feel like you have to be in the big market. You can do well in small markets.”
Connect with Josh:
Email: josh@smalltowninvesting.com
Tired of living deal to deal?
If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. – David
