Cash Flow Positive Cash on Cash vs. Cash Flow? (Pt. 2)
Welcome to Part 2 of Cash on Cash vs. Cash Flow! In this second part, you'll hear from Katie, an art teacher who ventured into real estate investment as a backup plan during COVID-19. After purchasing a duplex and managing it successfully, Katie and her husband dove into short-term rentals, buying a property by the beach with Kenny's guidance. They discuss the process of selecting the right market, the importance of cash on cash versus cash flow evaluation, and Katie's personal preference for a vibrant, colorful property close to the beach. Katie shares her experience and plans for transforming her new property into a lively vacation rental, emphasizing outdoor living spaces and gives advice and encouragement for listeners considering their first short-term rental investment.