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…!

Links & Resources

Links and Resources

Flip Hacking LIVE tickets for October 2022 are available now… and seats are filling up fast. If you want to learn the exact systems and strategies the nation’s top house flippers and wholesalers are using to flip 100s of houses per year, reserve your spot today. Hit the link below to sign up!


If you’re an experienced real estate investor and you’re ready to get around a community of active house flippers and wholesalers who will support you, hold you accountable, and push you to set goals that inspire you as you grow your business, check out 7 Figure Altitude and see if it looks like a good fit. If it is, I invite you to fill out a quick application to join. If you have any questions, reach out!



Want to continue your house flipping / wholesaling journey? Here are a few more resources to check out…

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All Episodes

7FF 642: The American Dream is Broken: Part 2
May 25, 2023
7FF 641: The American Dream is Broken: Part 1
May 23, 2023
7FF 640: 18 Deals Since January… From “Niche” Lists???
May 16, 2023
7FF 639: How to Escape the “Cash Flow Rollercoaster”
May 11, 2023
7FF 638: Biggest Problem in the Housing Market Right Now
May 9, 2023