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789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K

789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K

FromBiggerPockets Real Estate Podcast


789: Seeing Greene: Where to Find Deals in 2023 and How to Spend $100K

FromBiggerPockets Real Estate Podcast

ratings:
Length:
48 minutes
Released:
Jul 9, 2023
Format:
Podcast episode

Description

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 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!
In This Episode We Cover:
Emerging real estate markets that most investors overlook 
Low cash flow and whether a rental is worth buying if it only profits a few hundred dollars a month
How to spend a $100K inheritance and why real estate ISN’T the best choice 
BRRRR deals and how to find distressed properties that have huge equity potential 
Hard and private money loans, interest-only payments, and when to pay off your debt 
Single-family homes vs. multifamily and which makes the most money with the lowest down payment 
Natural disasters and whether or not it’s worth it to invest in dangerous areas 
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
BPCON2023
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Try the BiggerPockets Rent Estimator on Your Next Property
Seeing Greene Episode 762
Books Mentioned in the Show
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Set for Life by Scott Trench


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-789
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Released:
Jul 9, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.