59 min listen
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?
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
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Nov 5, 2023
Format:
Podcast episode
Titles in the series (100)
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