How Profit First Changed His Money Mindset and the Hardest Lessons he has Learned in Real Estate Investing with Greg Helbeck

Money management is a powerful thing for entrepreneurs—very often, it can mean the difference between living paycheck to paycheck and seeing profits. Real estate investors often operate without knowing there is a better way to manage their earnings by adopting a solid money management structure.

For our guest, finding success early in his life led to the need for stable finances. Greg Helbeck’s continued upward trajectory made him realize that he had to treat money with respect—and that’s where Profit First came in.

On this episode of Profit First for REI, Greg and I talk about his journey in money management and being a leader. Listen in!

Key Takeaways:

[00:43] Introducing Greg Helbeck
[01:53] On Knowledge He’s Gleaned From Reading
[04:28] On How His Money Mindset Changed After Profit First
[08:50] The Hardest Lesson He Has Learned in Real Estate Investing
[11:04] On Managing a Team
[21:16] Greg’s Advice for Real Estate Investors
[23:50] Connect with Greg

Quotes:

[06:11] “If you are not prepared to have ups and downs from your cash flow, no matter how much marketing you do, if you don't save that money, and you don't have reserves, you're going to really get mentally stressed out.”
[13:29] “ If you're going to be a one-man show forever, that can work—you can make great money. But you're never gonna get to a level where you're making net seven figures [or eight].”
[21:55] “If you master lead generation and you master communication, you will earn income.”

Connect with Greg:

Podcast: https://podcasts.apple.com/us/podcast/pave-the-way-podcast-with-greg-helbeck/id1459746507
Instagram: https://www.instagram.com/grego_37
Website: https://www.velocityhousebuyers.com/
Email: [email protected]

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