Should you move to invest in real estate? Perhaps you’re stranded in a pricey market or an area with unfavorable landlord-tenant laws. Depending on your career, you could earn a HUGE pay bump at your day job and discover a real estate market with higher cash flow and appreciation. In this Seeing Greene, we help a caller navigate this exact scenario and share some of the best markets to invest in right now!
Next, we field a question about a rental property that’s producing very little cash flow. What should you do in this situation? Hold, sell, or trade it for another property? David and Rob run the numbers to devise a strategy with a MUCH better cash-on-cash return. Tired of junk mail arriving at your properties? Hear about a few solutions we’re using to curb unwanted mail. Finally, we chat with a live caller who has just inherited a $300,000 property. Which investing strategy will help him capitalize on this opportunity and catapult him toward financial independence? Hang around until the end to find out!
Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show!
In This Episode We Cover
Moving to another state to chase your real estate investing dream
The BEST states to invest in as a traveling professional in 2024
When to hold, fold, or trade a rental property with LOW cash flow
How to stop junk mail from being delivered to your property
First steps to take after inheriting an investment property
How to identify the best investing strategy for your market
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Try Baselane, the All-In-One Financial Platform for Banking, Bookkeeping, Rent Collection, Analytics, and More
Buy the Book “The House Hacking Strategy”
See David and Rob at BPCON2024 in Cancun!
BiggerPockets Real Estate – Seeing Greene Episode 843
(00:00) iNTRO
(01:16) Relocating for Real Estate
(11:39) How to STOP Junk Mail
(14:59) Hold, Fold, or Trade My Rental?
(22:46) Inheriting a $300K Property!
(34:33) Send Us Your Question!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-997
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BiggerPockets Real Estate Podcast