Have high interest rates and home prices affected your ability to buy cash-flowing real estate deals? If you’re struggling to find properties that pencil out, you don’t want to miss this episode. If there’s anyone who can teach you how to find great deals, even in this housing market, it’s today’s guest. He wrote the book on it!
Welcome back to the Real Estate Rookie podcast! Today, we’re joined by fellow investor, On the Market co-host, and author of Real Estate Deal Maker, Henry Washington. Given today’s difficult market conditions, is Henry pivoting to another investing strategy? Nope! He’s sticking to “boring,” single-family and multifamily properties that he either rents out to tenants or flips for a profit. But he is changing how he analyzes deals, and he’ll show YOU how to do the same in today’s episode!
Stay tuned if you want to know how to buy your first or next rental property in 2025. Henry will show you the four-step approach he uses to find undervalued deals today and how to buy discounted properties from builders looking to move old inventory. But that’s not all. You’ll also learn how to fund these deals using small local banks, retirement accounts, and other people’s money (OPM)!
In This Episode We Cover:
The four-step “shotgun” approach to finding real estate deals in today’s market
Why the way you analyze deals must evolve (even if your strategy doesn’t!)
Creative ways to source “undervalued,” off-market real estate deals in any market
How to fund your next property by leveraging your retirement accounts
Buying discounted properties from builders looking to “offload” inventory
How to get your spouse on board with your real estate investing goals
And So Much More!
Links from the Show
Ashley's BiggerPockets Profile
Tony's BiggerPockets Profile
Join BiggerPockets for FREE
Real Estate Rookie Facebook Group
Real Estate Rookie YouTube
Follow Real Estate Rookie on Instagram
Ask Your Question for a Future Rookie Reply
“Like” Real Estate Rookie on Facebook
Follow Real Estate Rookie on Instagram
Henry’s Instagram
Grab Henry’s Book, “Real Estate Deal Maker”
Sign Up for the Real Estate Rookie Newsletter
Find Investor-Friendly Lenders
5 Ways to Find Off-Market Real Estate Deals Like a Pro
(00:00) Intro
(00:45) Breaking Into Real Estate
(03:18) Funding His First Deal
(08:48) Analyzing Deals in THIS Market
(12:48) “Conservative” Underwriting 101
(22:18) How to Find Deals TODAY
(29:57) Getting a Spouse on Board
(37:34) Connect with Henry!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-543
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