Want to make money in real estate investing, EVEN during 2024’s harsh housing market? It’s easier than you might think—and we’ve got the proof. We brought expert investors Ashley Kehr and Henry Washington on to the show to share exactly what they’re doing to make more money, even as most investors sit on the sidelines, worrying about interest rates and high home prices.
From $50,000 profits on fast flips to a sneaky tactic to boost rents by fifty percent in just weeks, we’re showing investors can make more money than ever before, no matter the market.
First, Ashley and Henry tell us about the deals they’ve been doing this year. Both are tackling more projects than most investors, so how are they finding undervalued properties, and what are they doing with them? Next, we’ll walk through the quick house flips making these investors more than $50,000 in profit in LOW-COST markets! You could replace your yearly salary with just one of these flips!
Finally, Dave spills his secret on how he’s increased the rents on his properties by up to fifty percent, all while buying his rentals at market value. If you have his level of patience, you’ll be able to create cash flow when most investors are struggling to break even on properties they buy. These tactics are working across the country, in many markets, in 2024. And if these investors can do MULTIPLE deals like this, you can too!
In This Episode We Cover:
The sneaky tactic you can use to raise rents by fifty percent and boost your cash flow
Quick house flips and how to make five-figure profits even if you’re a hands-off investor
How to find off-market listings THROUGH your real estate agent
Henry’s foolproof buy box for house flips with the biggest buyer pool
Why you should NOT overlook Section 8 rentals (huge jumps in rents)
And So Much More!
Links from the Show
Find Your Next Investing Market with BiggerPockets Market Finder
Let Us Know What You Thought of the Show!
Find an Investor-Friendly Agent in Your Area
See Ashley, Dave, and Henry at BPCON2024 in Cancun!
Flipping Houses: How to Get Started and Everything You Should Know
Ashley's BiggerPockets Profile
Henry's BiggerPockets Profile
Dave's BiggerPockets Profile
Real Estate Rookie Podcast
On the Market Podcast
(00:00) Introduction
(02:04) Deals We're Running This Year
(09:32) Hands-Free Home Buying and Selling
(22:44) $55,000 Profit on a Quick Buy and Sell
(29:35) How to Increase Rent by 50%
(39:15) The Dish
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1001
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