YFP Real Estate Investing 65: Changing the Rules to Find Cashflow

A recap of the weekend with David and Nate each looking at new properties.

Why the philosophy of ‘set it and forget it’ is a bad fit for their goals.

Three key strategies to force cash flow.

Change the location, change the property, and change the strategy.

Cash flow potential in Cleveland in comparison to LA, Boston, and Seattle.

Overcoming the fear of not driving by, or entering a property prior to purchase.

The difference between assessing an investment property and a property to live in.

Looking for ways to improve cash flow on a property to improve it and increase the rent.

Shifting your perspective from short to long-term increases in the market.

The importance of knowing the rates that are typical to your area.

Why the ‘get rich slow’ scheme is so effective for pharmacists.

Renting by the room as a strategy to improve cash flow.

Collaborating via platforms like the YFP Real Estate Investing Facebook Group.

Why it’s so useful to get more than one perspective on what you are doing.