BiggerPockets Real Estate Podcast
Business:Investing
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!
Links from the Show
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Find a BiggerPockets Real Estate Meetup in Your Area
Davids's BiggerPockets Profile
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Subscribe to David’s YouTube Channel
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Sign Up for BiggerPockets Pro to Get Rental Property Calculators, Leases, and More
Hop On the BiggerPockets Forums to Connect with Other Investors
Books Mentioned in the Show:
Pillars of Wealth by David Greene
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Long-Distance Real Estate Investing by David Greene
Connect with Sean:
Sean's BiggerPockets Profile
Sean's Instagram
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-840
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