Six Ways To Increase Cash Flow As A Fix-And-Flip Investor
Did you know you can make money and still go out of business? Profits are important, but not nearly as important as cash flow — positive cash flow.
Some businesses sell products and services and then get paid on terms. If they have problems collecting, their books will show a profit, but they will not have money to pay their bills. Fix-and-flip investors often run into cash flow issues if there are delays with projects being completed or slow closings. For fix-and-flippers, cash generally comes in only when they sell their flips. If there are delays between closings, this could cause unattended financial pressure. To stay cash flow positive, here are six strategies to consider.
Original Article Source Credits: Forbes , https://www.forbes.com/
Article Written By: Kevin Amolsch
Original Article Posted on: Oct 28, 2020
Link to Original Article: https://www.forbes.com/sites/forbesrealestatecouncil/2020/10/28/six-ways-to-increase-cash-flow-as-a-fix-and-flip-investor/?sh=501ca669372a