Cash flow is necessary when investing in rental properties. Cash flow grants you, the real estate investor, enough leeway to pay for your mortgage and taxes, and save up a healthy safety reserve for future renovations. For new real estate investors, cash flow is probably the single most important metric they look at, but it’s not always a great predictor of a good investment. If you want to truly build wealth, generate passive income, and retire early (or rich), start looking at the metrics David Greene is talking about.
Welcome back to another episode of Seeing Greene. Our cash flow creator, expert agent, and investor with decades of experience, David Greene, is back to answer your most asked questions. In this episode, we’re touching on topics like when to focus less on work and focus more on real estate investing, why low cash flow isn’t always a bad thing, what happens when an appraisal misses the mark, creatively financing home renovations, and how much every investor should have in safety reserves.
Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
Why buying real estate in sprints is normal and when to lay off investing
The many metrics outside of cash flow that point to a great rental property
What to do when an appraisal comes back low and how to challenge an appraisal
The different ways to finance a home renovation and which will pave the way for more passive income
How much to keep in safety reserves if you’re buying your first rental property
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
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BiggerPockets Podcast
Get Your Ticket for BPCon 2022
David’s YouTube Channel
Ask David Your Real Estate Investing Question
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David’s BiggerPockets Profile
David's Instagram
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Leave a Review on Apple Podcasts
Should You Invest for Equity or Cash Flow?
How to Fund Rehabs and Renovations
Book Mentioned in the Show
SKILL by David Greene
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-633
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BiggerPockets Real Estate Podcast