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David Richter
David Richter
David Richter
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David Richter is an American politician and educator who has served as a member of the North Dakota House of Representatives since December 2018. He currently represents the 1st district alongside Patrick Hatlestad. Richter is a Republican.

Key Information

Biography

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Richter holds a BA degree from Minot State University and an MA degree from Wayne State College.[1]

In February 2018, Richter announced that he would run for state representative.[1] He came first in the June Republican primary, followed by incumbent Patrick Hatlestad.[2] He and Hatlestad went on to win the November general election. Richter was sworn in as a representative on December 1, 2018 and succeeded Gary Sukut.[2]

Richter is married to Debbie Richter and they have three children together. They reside in Williston.[1]

References

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David Richter

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David Richter is an American real estate investor, author, and entrepreneur known for adapting the Profit First cash management system to the real estate sector and for founding Simple CFO Solutions, a firm that provides financial guidance to investors and businesses. Richter has been active in real estate investing for over a decade, during which he has closed more than 850 deals across diverse strategies such as wholesaling, fix-and-flips, buy-rehab-rent-refinance-repeat (BRRRR), rentals, lease options, owner financing, and turnkey properties. He gained insight into common financial challenges in the industry after helping scale a real estate company from 5 to 25 deals per month, only to observe persistent overspending despite revenue growth. This experience led him to focus on cash flow management, culminating in his book Profit First for Real Estate Investing, which tailors Mike Michalowicz's Profit First framework to help real estate professionals prioritize profitability, build cash reserves, and avoid operating deal-to-deal. Through Simple CFO Solutions, Richter offers fractional CFO services and consulting to implement structured financial systems that deliver clarity, reduce stress, and promote long-term financial freedom for real estate investors and other business owners. He has shared his expertise as a speaker and guest on platforms including BiggerPockets and Real Estate Disruptors, contributing to discussions on sustainable investing practices within the real estate community.

Early life

Little is known about David Richter's early life, education, or family background from publicly available reliable sources.

Career

David Richter has been a real estate investor for over a decade, closing more than 850 deals using strategies including wholesaling, fix-and-flips, BRRRR, rentals, lease options, owner financing, and turnkey properties. He helped scale a real estate company from 5 to 25 deals per month, but observed persistent overspending issues despite revenue growth, prompting his focus on cash flow management. This experience led to his adaptation of the Profit First system for real estate and the publication of his book Profit First for Real Estate Investing. Richter founded Simple CFO Solutions, offering fractional CFO services and consulting to real estate investors and business owners to implement financial systems for clarity, profitability, and long-term financial freedom. David Richter is the author of Profit First for Real Estate Investing, which adapts Mike Michalowicz's Profit First cash management system specifically for real estate investors. The book helps professionals prioritize profitability, build cash reserves, and move away from operating deal-to-deal. No other notable works in film, acting, or unrelated fields are associated with this David Richter.

Filmography

No filmography is associated with this David Richter.

Personal life

Little is publicly known about David Richter's personal life, as he has kept details about his family, relationships, and private affairs out of the public domain. No verified information is available on his marital status, children, or close personal connections from credible sources. Beyond his professional work in real estate investing and financial consulting, no additional verified personal details have been disclosed in reliable sources.

Legacy and recognition

David Richter is recognized within the real estate investing community for adapting Mike Michalowicz's Profit First cash management system to real estate and for authoring Profit First for Real Estate Investing, which helps investors prioritize profitability and improve financial management. Through his founding of Simple CFO Solutions, he provides fractional CFO services and consulting to real estate investors and businesses, promoting structured financial systems for long-term stability. He has shared expertise as a speaker and guest on platforms such as BiggerPockets and Real Estate Disruptors. As of 2024, no major awards, widespread mainstream media coverage, or significant industry honors beyond his contributions to real estate education and consulting have been documented. Information remains primarily available through his professional website and real estate-focused platforms.
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