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840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?

840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?

FromBiggerPockets Real Estate Podcast


840: Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?

FromBiggerPockets Real Estate Podcast

ratings:
Length:
52 minutes
Released:
Nov 5, 2023
Format:
Podcast episode

Description

Could the end of real estate investing already be upon us? How do you know how much to spend on a renovation before buying a house? And is a negative cash flow rental EVER worth investing in? On this Seeing Greene, we’re answering the tough questions you’ll be forced to ask in a hard housing market so you can build wealth while the masses run for the hills. Thankfully, David has his co-pilot on this episode!

David and Rob are back to answer YOUR real estate questions, EVEN if you’re too scared to hear the answers. On today’s show, a live caller asks, “How do I get a renovation estimate BEFORE bidding on a BRRRR?” If you’ve stressed over which comes first, the bid or the buy, stick around. We’ll also touch on negative cash flow and when it makes sense to buy a rental that’s losing money every month (there’s a science to this). Then, for all you doomsayers, David and Rob give their take on what happens when the population declines, and no one is left to rent houses. Finally, we answer the age-old question, “should I rent or buy in today’s market?” 

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 jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover


How to estimate rehab costs BEFORE you bid on a BRRRR 

When it’s worth it to buy a “cash flow negative” rental property 

The secret to getting out of ANY contract if you need to exit a deal 

The long-term effects of declining populations and whether real estate investing could meet its end 


Renting vs. buying and when it makes sense to invest while you're still a renter 

And So Much More!



Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-840
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Released:
Nov 5, 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.