Episode #805
Think every housing market is too expensive to buy in? Think again. We’re going over two of the country’s biggest cash flow housing markets and showing why they may be your next best bet when buying rental property. And while, traditionally, cash flow real estate markets have been associated with constant turnover, low appreciation, and consistent headaches, these two markets defy the odds—if you know where to buy.
Peter Stewart, Indianapolis agent and investor, is on today to discuss why his underrated but surprisingly lucrative housing market deserves your dollars. He’s got clients doing BRRRRs, flips, and regular rental properties with crazy cash flow numbers and returns in the triple-digit percentages! Then we talk to Brandon Ribeiro, Philadelphia commercial agent who recently scored his buyer a rock-bottom mortgage rate (3%!) that will double the cash flow on his newest property.
Interested in investing in markets like this? Need a local expert to guide you through the buying process? Check out BiggerPockets Agent Finder to connect with an expert agent in your area. It’s completely free, and you’ll get matched with experts who can talk about cash flow, not just granite countertops: http://biggerpockets.com/agentmatch
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Connect with Brandon:
BiggerPockets: https://www.biggerpockets.com/users/psr317?utm_source=youtube&utm_medium=description&utm_campaign=none
Facebook: https://www.facebook.com/indyhomeseller
Instagram: @peterstewartrealty or https://www.instagram.com/peterstewartrealty/
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Connect with Peter:
BiggerPockets: https://www.biggerpockets.com/users/bribeiro05?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @agentphl or https://www.instagram.com/agentphl/
Website: https://www.agentphl.com/
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Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Rob (Robuilt):
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
YouTube: https://www.youtube.com/c/Robuilt
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/
Show notes at: https://www.biggerpockets.com/blog/real-estate-805?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
02:25 Quick Tip
02:53 Bald Agent = More Buyers
06:54 1. Indianapolis
15:24 What's Working in Indianapolis?
17:10 Are "Cash Flow" Markets Worth It?
23:31 2. Philadelphia
27:37 What's Working in Philly?
38:15 130% Return on a "Dumpy Duplex"
49:21 3% Rate with Seller Financing!
55:27 Connect with Brandon and Peter!
Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/how-to-build-a-200kyear-passive-income-stream-in-just-3-years