The reason so many investors stay broke even though they’re working hard…
…is because they don’t have a SYSTEM for managing their cash flow.
I was in a pretty rough spot 2 years ago.
(You’ve probably heard this story before…)
I didn’t have any cash.
My wholesaling / flipping business was growing like crazy…
But my credit cards were maxed out and we could barely buy groceries.
I know a LOT of investors who are in this same spot right now.
I know how much it sucks.
The way I fixed it was by plugging into a system called “Profit First.”
This system is pretty simple.
But it’s also counter-intuitive…
…and most business owners would never think to arrange their finances this way.
(I know I didn’t.)
It really WORKS, though…
I’m not paying my company’s expenses out of my own pocket anymore, which is a great feeling.
I want to share this system with you…
And I figured, what better way to do that than to bring in the guy who came up with it?
Mike Michalowicz is the creator of the “Profit First” system.
He wrote the book on it (literally).
He’s a serial entrepreneur and a best-selling author…
…and I asked him to join me on the podcast today to break down this one simple accounting structure that has saved my sanity, my marriage, and probably my entire business over the past year or so.
(Seriously… I’m only slightly exaggerating, guys.)
Mike is an incredible, down-to-earth guy…
…and his insights are changing the way real estate investors scale their companies.
So with that said, let’s dig into one of my favorite podcast episodes ever…!
Runway is for serious beginners who are new to house flipping and wholesaling. This mastermind will provide you with the resources to build and grow a scalable, profitable business.
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7 Figure Flipping Underground
If you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. Get the book plus bonuses.
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.
– CLICK HERE: 7FigureRunway.com
7 Figure Real Estate Ready Room
Use this proven blueprint to launch and grow your real estate investing business. Step-by-step video course takes you through everything you need to know… and we’ll jump on WEEKLY workshops to break down each step with you LIVE! Think of it like getting a master’s degree in tactical real estate investing for a fraction of the cost.
– CLICK HERE: 7FigureFlipping.com/Ready
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Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out…
Subscribe: Join the 7 Figure Flipping email list to get the latest house flipping and wholesaling secrets, plus insider access to real estate investing tips, training, and more! Click Here: https://7figureflipping.com/subscribe
7 Figure Flipping Podcast: Subscribe and get more episodes like this one delivered to you every week! Click Here: https://7figureflipping.com/listen
Facebook Group: We’ve built a community of serious investors who are learning and growing their businesses together. Join the Group on Facebook: https://www.facebook.com/groups/fliphacking/
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