In this episode of the Cash Flow Positive podcast, Kenny flips the script on investment advice for 2025, diving into what not to do.
Instead of blindly following the latest market trends or top-ten lists, Kenny explores the pitfalls of oversaturated areas and the challenges of properties that don't align with local demand. He emphasizes that the issue isn't necessarily the market itself but the competition, pricing, and suitability of properties within those areas.
You'll learn about the danger of high-maintenance investments. Disocver how overly competitive markets often push investors into unsustainable cycles of reinvestment just to keep up. From expensive amenities to aggressive marketing campaigns, Kenny reveals how these efforts can drain both time and resources without adding meaningful returns.
Finally, Kenny highlights the importance of evaluating long-term expenses and avoiding "boom and bust" markets. Drawing on examples like fluctuating tax rates and insurance costs, he suggests that you factor in these variables before committing to an investment.
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Enjoy!
In This Episode You'll Learn:
- The confusion caused by various market lists and gurus who claim to know the best markets.
- The importance of having the right properties in the right markets, not just cool properties in the wrong areas.
- The value of finding markets where you don't have to constantly reinvest in the property to stay competitive.
- The challenge of competing against established resorts and hotels in high-demand markets.
- And much more...
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