7FF 778: Why You Need to Track “Burn Rate” (Avoid This $10k Mistake)

April 8, 2025

About This Episode

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!

Free Resources / Downloads

5F Framework

A business framework that creates consistency within your flipping business by giving you a tested roadmap to building real estate wealth.
5 Proven Steps to Build Active and Passive Income in Real Estate (FREE!)

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Freedom Number Calculator

The 2-Minute Exercise That Shows You Exactly How to Build Toward Your Life of Freedom.This quick (and powerful) quiz will help you calculate exactly how many deals you need to support your ideal lifestyle and how close you already are. Most investors don’t fail from lack of effort, they fail from lack of direction. No guesswork. No fluff. Just a clear target—and a plan to make it real.

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Adam Whitney’s Seller Call Script

Use the same script Adam uses while on the phone with sellers

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Off-Market Deals on Demand

Get the UltimateOFF-MARKET DEALS Starter Pack...For FREE! Niche lists, seller strategies, a hyper-local market tracker, and a bonus!

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Grow Your House Flipping / Wholesaling Business WITHOUT Guesswork or Trial-and-Error

Find out EXACTLY what you need to be working on TODAY to do more deals, make more money, and free up your time.

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