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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.

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.