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805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart

805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart

FromBiggerPockets Real Estate Podcast


805: 2 “Cash Flow” Housing Markets That Are On Track for Big Growth w/Brandon Ribeiro and Peter Stewart

FromBiggerPockets Real Estate Podcast

ratings:
Length:
60 minutes
Released:
Aug 15, 2023
Format:
Podcast episode

Description

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.
In This Episode We Cover:
Two cash flow real estate markets with strong signs for buyers 
The market metrics you MUST look at before buying in ANY area 
The “danger” of investing in cash flow areas and what you MUST avoid when doing so
The 130% cash-on-cash return BRRRR that you can buy in THIS market 
How to lock down a rock-bottom mortgage rate with seller-financing
And So Much More!
Links from the Show
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Rob's YouTube
Book Mentioned in the Show:
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Connect with Brandon & Peter:
Brandon's BiggerPockets Profile
Brandon's Instagram
Brandon's Website
Peter's BiggerPockets Profile
Peter's Facebook
Peter's Instagram

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-805
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Released:
Aug 15, 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.