7 Figure Flipping with Bill Allen [778] Why You Need to Track “Burn Rate” (Avoid This $10k Mistake)
Today’s episode of the 7 Figure Flipping podcast could save you tens of thousands of dollars.
A lot of house flippers have no idea if they’re profitable.
I sat down with Sam and Will from Auxilee Bookkeeping to talk about why this is…
And they shared the most important financial metric every investor should track—burn rate.
If you’re ready to stop guessing and start growing, the first thing to do is clean up your books.
I started working with Auxilee Bookkeeping because I felt like I couldn’t keep track of cash flow…
…and since bringing them aboard, I now have perfect clarity on where my money is going and how much I’m going to keep each month. (So I can make strategic decisions about what projects to take on, when to scale up, and how to reduce expenses.)
Getting your books SOLID is crucial to making consistent income in this business.
And Auxilee makes it super simple.
If you’re serious about scaling your real estate operation…
(Or even just making a profit at all)...
…then click here to check out Auxilee Bookkeeping. >>
Catch you on the flip side!
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7 Figure Flipping Underground
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7 Figure Runway
Follow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more.
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