BiggerPockets Real Estate Podcast

630: Seeing Greene: Estimating Rent, “Amplifying” Cash Flow, and DIY Investing

Jul 3, 2022
Discover how to optimize rental income and navigate the real estate market like a pro. Learn tips for estimating rents based on apartment sizes and strategies for finding an investor-friendly agent. Explore the debate of keeping or selling rental properties, and gain insights into leveraging tax benefits for reinvesting in multi-unit assets. Plus, hear about the importance of mentorship and community engagement in achieving investment success. Get ready to amplify your wealth and make informed decisions in real estate!
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ADVICE

Research Rental Demand

  • Use BiggerPockets' rent estimator tool to compare rents for different bedroom counts.
  • Talk to local property managers and investors to understand market demand.
ADVICE

Finding the Right Agent

  • Seek agents who own similar properties to gain access to their resources and experience.
  • Prioritize experience over responsiveness when choosing an agent.
ADVICE

Evaluating Investment Returns

  • Consider return on equity (ROE), not just cash-on-cash return, when evaluating investments.
  • Consult with a real estate professional to discuss your individual circumstances and goals.
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