BiggerPockets Real Estate Podcast

BiggerNews: This Area Has the BEST Cash Flow Potential in the Country

Oct 25, 2024

In this discussion, Ashley Kehr, co-host of the Real Estate Rookie Podcast and a cash-flow investor, shines a spotlight on the lucrative 'lake effect' cash flow opportunities in the Great Lakes region. She reveals how investors can buy affordable homes while boasting high rental prices, contributing to significant monthly cash flow. The conversation dives into the revitalization of cities like Buffalo and Erie, the influx of tech companies, and why certain markets are becoming increasingly attractive and future-proof for real estate investors.

41:52

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Episode guests

Ashley Kehr

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Quick takeaways

The Great Lakes region offers 'lake effect' cash flow, making it a lucrative area for affordable real estate investments.

Recent revitalization efforts and industry growth, particularly in tech, are driving demand and job opportunities in the Great Lakes region.

Deep dives

Investment Potential in the Great Lakes Region

The Great Lakes region is emerging as a promising investment area, contrasting the outdated view of it as merely the Rust Belt. The concept of 'lake effect cash flow' signifies the region's unique potential for generating positive cash flow in real estate. Cities like Buffalo and Erie, Pennsylvania exemplify this trend, offering affordable properties with favorable rent-to-price ratios. Moreover, revitalization efforts in urban areas are slowly attracting attention and investment, further enhancing the desirability of these markets for real estate investors.

Intro

2min

Cash Flow Opportunities in Great Lakes Real Estate

7min

Exploring Pittsburgh's Real Estate ROI and Great Lakes Markets

4min

Investing in the Great Lakes: Opportunities and Challenges

11min

Exploring Cash Flow Opportunities and Real Estate Tools

5min

Investing in Urban and Suburban Landscapes

12min

“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!

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