“Lake Effect” cash flow is starting to make landlords rich in this under-the-radar region of the United States. For the past few decades, mainstream real estate investing platforms have almost forgotten this region, and we’ve even overlooked it a few times. Here, landlords can buy affordable homes, make serious cash flow, and see significant investing advantages they can’t get in most other areas. Where are we talking about? Salt Lake? The Great Lakes? Lake Tahoe?
Welcome back to this week’s BiggerNews, where we’re discussing everyone’s favorite subject—cash flow (and a LOT of it). We brought Real Estate Rookie co-host Ashley Kehr, a predominantly cash-flow investor, to the show to share why her home region is finally getting the recognition it deserves for real estate investing.
If you want the residual income that will lead you to financial freedom and an early retirement, this is the region to look at. You can buy homes for a fraction of what they cost elsewhere, all while getting surprisingly high rent prices, leaving you with a serious supply of cash flow at the end of the month. We’re talking about the MOST affordable cities in this area, why the tech industry is moving in, and one crucial advantage that makes this market almost future-proof.
In This Episode We Cover:
“Lake Effect” cash flow and why it’s making landlords wealthy in this affordable area
The most affordable (and cash-flowing) markets in this under-the-radar region
Why more and more tech companies are moving into this overlooked area
Appreciation potential and the cities with cash flow AND rising home prices
The “booming” area that has serious infrastructure support for more jobs/businesses
And So Much More!
Links from the Show
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Top 10 Real Estate Markets for Cash Flow in 2024
Real Estate Rookie Podcast
10 Deals on a $20K Waitress Salary With Ashley Hamilton
Connect with Ashley
Connect with Dave
(00:00) Intro
(03:22) Still SUPER Affordable
(08:32) Most Affordable Markets
(11:30) Tech Industry is Moving In
(14:57) Climate Resilience
(18:56) Under-the-Radar Markets?
(28:58) This Area is Booming
(32:18) Even More Advantages?
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1035
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