The Cash Flow Trap

About this episode

Richard Boyd discusses the importance of financial controls in real estate development and shares a cautionary tale of a $16M investor facing challenges due to market shifts.

Richard Boyd explains why developers cannot treat accounting as a tax-season cleanup chore when cash flow, capital structure, debt service, and project costs decide whether a deal survives. He shares the story of a $16M real estate investor whose growth looked strong until a market shift forced painful inventory sales and exposed missing financial controls.

People in this episode

Host: Eugene Gershman

Guest: Richard Boyd

Topics covered

• cash flow
• real estate development
• financial controls
• capital structure
• debt service

Keywords

• cash flow
• real estate
• financial controls
• capital structure
• debt service
• inventory sales
• market shift

Mentioned in this episode

Organizations: Real Estate Development: Land to Legacy

Places: United States

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