The golden age of cash flow real estate investing could be over as we know it. For the past decade and a half, landlords got used to buying standard homes that made a killing in cash flow. Combine that with exponentially appreciating home prices, and anyone who purchased a property in the past ten years looks like an investing oracle. But now, the tide is starting to turn, and rookie real estate investors are struggling to find any house in almost any market that can cash flow. So what happened, and why has the nation’s cash-flowing real estate suddenly disappeared?
Welcome back to another Seeing Greene, where your “don’t just go for cash flow” host, David Greene, is back to drop some real estate knowledge for ANY level of investor. In this episode, we get into why it’s so challenging to find real estate deals that cash flow in 2023, when to invest in an appreciation vs. cash flow market, and whether or not to sell a property that isn’t profitable. Then, we switch gears and touch on how to vet a private lender you met online and whether or not an out-of-state rental rehab project is too risky for a brand-new real estate investor.
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:
The “Golden Age” of cash flow and why it might finally be over in 2023
How to pivot when you can’t find a “deal” in today’s housing market
Cash flow vs. appreciation markets and which makes for a better long-term bet
What to do when your rental property isn’t profitable and how to know it’s worth selling
Vetting private money lenders and why you should NEVER send money to one
Out-of-state renovations and rehabs and why rookie real estate investors should stay clear of them
Delayed gratification and why it’s the true path to building wealth
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
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Work with David
Cash Flow vs. Appreciation
Ability to Delay Gratification Predicts Wealth, Health & Success
Book Mentioned in the Show:
Long-Distance Real Estate Investing by David Greene
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-741
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BiggerPockets Real Estate Podcast