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907: Seeing Greene: $100K In Equity But NO Cash Flow, Should I Sell?

907: Seeing Greene: $100K In Equity But NO Cash Flow, Should I Sell?

FromBiggerPockets Real Estate Podcast


907: Seeing Greene: $100K In Equity But NO Cash Flow, Should I Sell?

FromBiggerPockets Real Estate Podcast

ratings:
Length:
41 minutes
Released:
Mar 5, 2024
Format:
Podcast episode

Description

Where’d all the cash flow go? More than ever, rental property owners are waking up to find less and less mailbox money coming in every month. This is doubly true for those who used low down payments to house hack and turned their properties into full-on rentals. So, what do you do if you have a rental property giving you low, no, or negative cash flow? Should you sell it and swap it for another investment or ride it out, betting on future appreciation gains? We’re giving our thoughts in this Seeing Greene!
As always, David and Rob are here to answer your pressing real estate investing questions. But resident yacht tycoon James Dainard also brings his twenty years of investing experience to the show to help this week’s rookie real estate investors. First, our very own Noah Bacon asks what he should do with a negative cash-flowing house hack that has six figures in tax-free equity. Then, we ask a question everyone wants an answer to, “WTF is wrong with investors these days?” If you want to turn your house into a rental property, stick around because two more investors ask whether it’s worth it AND when you can start writing off those lucrative real estate tax deductions.
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:
Whether to keep or sell a rental property that’s losing money every month
Appreciation vs. cash flow and why SO many new investors get this wrong
How to minimize your chance of negative cash flow by buying in THESE areas
Why some real estate markets appreciate while others rarely see price growth
Whether you should turn your primary into a rental property or buy an investment property instead
Real estate tax deductions and how long you have to wait to write them off
And So Much More!
Links from the Show
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Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's X/Twitter
Rob's YouTube
BiggerPockets' Instagram
James' BiggerPockets Profile
James' Instagram
Hear James On The “On the Market” Podcast
Ask David Your Real Estate Investing Question
Landlord Tax Loopholes That’ll Help You Pay ZERO Taxes w/Matt Bontrager
WTF is wrong with investors these days?
Connect with Noah:
Noah's BiggerPockets Profile
Noah's Instagram: @makinbaconrei


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-907
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Released:
Mar 5, 2024
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.