Episode #789
Real estate deals are hard to come by in 2023. But, there are still a few overlooked rental markets that most investors aren’t aware of. In times like this, with investors ready to pounce on almost any property and other assets vastly underperforming real estate, you’ll need to think differently if you want to get ahead. Long gone are the days of buying any property in any market and expecting instant cash flow. Now, you’ve got to think like an expert investor and start Seeing Greene!
David is back with another Seeing Greene episode as we touch on how investors can find deals in 2023, which markets are worth looking into, why low cash flow isn’t such a bad thing, and how to decide between buying a single-family or a multifamily rental. We’ve also got some trickier-than-usual questions this time, as a seventeen-year-old wants to know where he should invest a $100K inheritance. We’ll also get into the nitty gritty of paying off loans vs. refinancing, where to find distressed properties, and what to do when natural disasters threaten your rental business.
Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) 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!
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Books Mentioned in Today’s Show:
Buy, Rehab, Rent, Refinance, Repeat: https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media
Set for Life: https://store.biggerpockets.com/products/set-for-life-revised-edition?utm_source=owned_media
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Seeing Greene Episode 762:
https://www.biggerpockets.com/blog/real-estate-762?utm_source=youtube&utm_medium=description&utm_campaign=none
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Show notes at: https://www.biggerpockets.com/blog/real-estate-789?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
01:30 Quick Tip
02:22 Is Low Cash Flow Even Worth It?
07:58 Why Can't I Find BRRRR Properties?
13:51 How to Spend a $100K Inheritance
24:16 Questions From the Comment Section
28:45 Pay Off Loan or Refinance?
33:42 Small Multifamily vs. Single Family Rentals
36:57 Where to Invest in 2023
41:13 Ask David Your Question!