Skip to content

Closing deals, but wondering where the cash went?

Bookkeeping and fractional CFO for house flippers and operators. Every deal tracked to a true P&L, so you know the exact profit of every property.

Send me one closed flip. I'll show you what you actually made. Free, with no obligation.

Not ready yet? Download the deal P&L template

Deal P&L1418 Example St. · Sold

Underwritten profit

$46,500

Actual profit

$28,060

($18,440) vs. plan

Illustrative deal P&L, underwritten vs. actual
LinePlanActual
Sale price$355,000$349,000
Purchase + closing($213,500)($214,850)
Rehab($52,000)($62,400)
Holding($3,600)($5,960)
Financing($10,200)($14,780)
Selling costs($29,200)($22,950)

Illustrative example, not a client deal.

Deployed by our founder
$2B+Deployed by our founder
Real estate transactions
10,000+Real estate transactions
Published pricing
$300/moPublished pricing

Most bookkeepers treat real estate like a retail store

We treat every deal like its own asset. We only do bookkeeping for real estate investors and operators.

Typical bookkeeping

Sorted by account
Typical bookkeeping
Sales$1,050,000
Property purchases($640,000)
Contractors($121,560)
Materials($84,210)
Closing costs($63,400)
Interest and points($38,900)
Utilities and taxes($36,120)
Net profit$65,810

Which deal lost money? The books can't say.

InvestorCFO

Sorted by deal
InvestorCFO
1418 Example St.$28,060
22 Sample Ave.$41,700
905 Placeholder Rd.($3,950)
Net profit$65,810

905 Placeholder Rd. lost $3,950. Now you know why.

Illustrative example. Same year, same $65,810 profit, two very different answers.

The Deal Tracker System

Our monthly bookkeeping, built the way institutional funds track every home: each property is its own job from contract to close. $300/month, plus $200 to open a flip and $100 to close one.

Per-deal job costing

Every property gets its own job. Purchase, rehab draws, holding costs, interest, and selling costs post to the deal they belong to, not to a company-wide expense bucket.

Reconciliations

Every bank, credit card, and loan account reconciled to statements each month, including hard money and private lender balances.

Settlement statement entry

Buy-side and sell-side closing statements (HUD-1 or ALTA) booked line by line, so closing costs, prorations, payoffs, and seller credits land where they should.

Monthly reports

A company P&L, balance sheet, and a deal-by-deal P&L showing what each property has cost, what it sold for, and what it actually made.

The 13-Week Cash Framework

Our fractional CFO add-on, for operators who need someone to own the forward-looking numbers but can’t justify a full-time hire. $1,200/month on top of bookkeeping. Each month:

  • Budget vs. actual, per deal and for the company
  • A rolling 13-week cash forecast
  • A capacity read on how many deals you can carry
  • One review meeting
13-week cash forecast$60K minimum cash
$0$100K$200K12345678910111213

Illustrative example. Week 9: a closing slips while two rehab draws land.

Advisory

Paying for leads? Stop losing the revenue.

Lead to Revenue finds where paid leads leak between first contact and closed deal, from speed to lead and CRM follow-up to reporting, automations, deal modeling, and dispo, and fixes the biggest leaks first.

Simple, published pricing

No discovery call needed to find out what it costs.

Bookkeeping

Monthly books with every deal tracked to its own P&L.

$300/mo

+ $200 to open a flip, $100 to close one

  • Per-deal job costing
  • Bank, card, and loan reconciliations
  • Settlement statement entry
  • Monthly company and deal reports

Most complete

Bookkeeping + Fractional CFO

Everything in Bookkeeping, plus someone who owns the forward-looking numbers.

$1,500/mo

$300 bookkeeping + $1,200 CFO add-on, plus per-flip fees

  • Everything in Bookkeeping
  • Budget vs. actual, per deal and company
  • Rolling 13-week cash forecast
  • Capacity read on deals you can carry
  • One monthly review meeting

One-time onboarding $1,000. Catch-up work quoted per month behind. See full pricing

Run by an institutional operator

Mac Cobb spent his career buying and managing single-family homes at institutional scale, at BLVD, SFR3, and Invitation Homes, after starting out as a controller, accountant, and treasury lead.

Institutional funds track every home as its own investment. InvestorCFO brings that same discipline to independent investors.

Read Mac’s background

Transactions
10,000+Transactions
Capital deployed
$2B+Capital deployed
Deployed at BLVD
$746MDeployed at BLVD
Markets led at SFR3
22Markets led at SFR3

Not ready to send a deal?

Run the numbers yourself with our free deal P&L template for Excel and Google Sheets.

Download the deal P&L template

Start with one deal.

Send the numbers from one closed flip. You get back a true deal P&L, side by side with what you underwrote. Free, with no obligation.