Episode

The Cash Flow Trap

Podcast: Real Estate Development: Land to Legacy
Published: May 8, 2026
Duration seconds: 2079
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Summary

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.