These 3 Housing Markets Are “Hotbeds” for Cash Flow
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- Опубліковано 24 лип 2024
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There is STILL cash flow in today’s housing market, whether you believe it or not. Most investors are simply giving up on residual income real estate because they think EVERY real estate market across the nation is priced too high or has break-even/bleak cash-on-cash returns…but this isn’t true. We’ve got data from three EASILY cash-flowing housing markets to prove that real estate cash flow is far from over.
But it’s not just Dave who’s walking through the data; repeat guest on the “BiggerPockets Real Estate” podcast, Zach Lemaster, is giving his real-world opinion on these three markets (all of which he invests in). Zach has an interesting perspective as not only an investor but a turnkey provider and can personally vouch for each of these markets’ cash flow potential.
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Top 9 CASH FLOW Real Estate Markets of 2023:
• Top 9 CASH FLOW Real E...
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Top 5 Cash Flow Markets For Less Than $200k in 2023:
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00:00 It's All About CASH FLOW
02:15 Cash Flow vs. Appreciation
03:10 Cash Flow "Hotbeds"
05:20 Market 1 (Southeast)
10:10 Market 2 (Midwest)
13:14 Market 3 (Midwest)
15:23 Investing Out of State
16:39 Start Investing!
Thanks BP for having me on as a guest to talk about some of the top cash flow markets today! As we can see, cash flow still exists, you just have to know where to find it.
If anyone has any questions for the Rent To Retirement team, or would like to learn about the 17 other markets we invest in specifically for cash flow AND appreciation, feel free to follow us or reach out directly with any questions. We love cash flow, but we love sharing our data even more!
We purchased a house hack near akron Ohio in March of 2020 and it’s been hugely successful. Awesome way to start real estate investing!
Great information regarding how to identify cash flow and not just focus on appreciation. Given the current environment it sometimes seems like strong cash flowing properties are a unicorn but they're out there! Great video!
Very true! Some markets have both Cash flow and Appreciation (like SWFL)!!
This is super helpful! Thanks for sharing.
What about the insurance prices for FL increasing?
Solid info here! Thank you.
I liked how you talked about making connections and doing research. Excited for more videos like this!
Your network is your net worth! Glad you found this video beneficial!
Finding assets in the right areas with the right teams is not easy, thanks for the information this is super helpful.
Couldn't agree more! Glad you found this information beneficial. We will try to produce more content like this.
Great info and very helpful!
this was so awesome thank you!
Interested in understanding insurance challenges for Florida
Absolutely love you bringing these markets to our attention! Best content ever!
thank you! we are here to share as much information as we can to set everyone up for success!
Great Video! Loved the content.
Very helpful information, thank you!
Excellent video containing valuable information!
In Florida, Are you numbers including the high cost and growing problem with insurance and high property taxes (including add'l district taxes)??
Yes, always. Insurance is still affordable in many areas. The avg annual insurance we see is $900 annually. No district taxes, etc. Florida is a diverse state that varies greatly.
For Cape Coral, Florida, your analysis failed to consider the cost of dwelling fire or homeowners insurance; plus flood insurance.
We always do. Average insurance cost is $900 annually. We do NOT invest in flood zones.
@@RentToRetirement can you recommend a carrier that will insure at that rate? Trying my hand on a MTR in Cocoa Beach and I have been looking at St Louis County.
Love investing in Midwest area. Specifically Akron Ohio has been great cash flow and appreciation.
I have one in Cleveland and one in Akron, it’s in Firestone Park. Where do you buy?
Good stuff! Thanks!
property taxes ,insurance be carful and how do I drive by and look at the bricks ? I like to have my rentals within a 1hr drive same state
Sentence?
@@ACR4008 one has to look close at property taxes, calif we have prop 13 , can you get rental insurance , wind, flood etc I like to own rentals within a hour drive so I can drive by and look ,some people can own manage there bullding s from there phone 1000 miles away ,some areas are cheap for a reason
Thank you for this video!
Thank you for the kind feedback!
thank you for sharing
3 solid markets! When the day ends, cash is king.
great info
I finally found a place that cash flows well recently and has continued to appreciate but getting a down payment for multi family may be a struggle for a noob like me. Got the income but not the cash on hand to buy, any recs?
Midwest I'm guessing, what city?
@@Carp0rn metro Atlanta
Good video thank you 😊
I used to live near Akron. It’s a declining city. Please do your research
David I live in Cape Coral Florida I bought my house it two years ago it’s very very beautiful I am myself trying to buy a rental property in that state as well in the turn in which I bought a house and I have a real estate company in Jessup and that’s what I’m Tryna do I live there it’s beautiful and it’s an up-and-coming area
nice work!
Very informative content!
Thank you for the kind feedback!
Didn’t Cape Coral get destroyed in terms of prices recently?
Great information 👍
The 1% rule died a long long time ago in markets like Denver, CO. lol It's weird to hear people even bring it up still.
Birmingham, Alabama?
Montgomery, Alabama?
Detroit, Michigan?
St. Louis, Missouri?
Like all these areas!
Florida!!!! Good luck
This is a real estate cash flow environment. Apprciation is basically shot to hell. I have divested all my non-cash flowing properties if they have no chance of appreciation over the next 5-10 yrs and placed the money in short term treasuries. This IS cash flow for those dollars.
You forgot that while you have a rental property you have tenants paying down your mortgage I.e. building equity for you
And the tax benefits such as using depreciation or a 1031 tax Exchange and the many other benefits that can help you save money on your taxes
And your property is a hedge against inflation
I actually did not, but understand your point. The computation is a little more involved than this space permits, but a part of the consideration is the time value of money net present vs long-term equity paydown and maint costs plus inflation of any kind. Overpriced assets are not a good investment even long term. I netted 1.2mm last yr after tax by divesting my non-cash flow assets. Thanks for your point though. @@johnnyb33good21
Cash flow comes with Downpayment amount the higher the more the flow , simple math actually
Pay cash, then you’ll have cash flow
For XRP reach $100 the XRP market cap have to be $5.3 TRILLION DOLLARS are you serious with your 10k /XRP come on guys
😂😂😂😂😂😂😂😂😂😂😂
I have a doubt. wouldn't this person want to keep it a secret? why broadcast to your competition where the deals are?
Abundance mindset, not scarcity mindset my friend. There are plenty enough good deals to go around and often when investors join forces to invest in an area it can rise all tides together (contrary to popular belief)!
I thought Detroit,akron and Cleveland are the best cash flow markets … not hard to find at all in this shitty areas in USA 🇺🇸
I’m a investor friendly agent in the Ohio market. I can attest to this, lol
Bakersfield California
Regardless how you try to convince people to buy a house, no one wants 7% interest.
It's not the interest, it's the price 600,000 at 7% that will sink you
@@jumpingthroughhoops9737 to own a $500,000 home, you need an income of at least $170,000 or you won't even be looked at
$40 an hour is barely $50,000 a year. And that is what top management makes at most companies. The workers make about $25 an hour, max.
So you need to be roughly making $90 an hour to afford a $170,000 house. Either by yourself, or with someone else.
Now what jobs are paying $45 an hour?
They should educate themselves. If you buy a home during lower home value which we are seeing due to a sellers and buyers doing the interest rate stand off. Sellers are having to lower the price. Soon the rates will drop and then refinance. You just gained equity that you would not have if you wait til interest rate drops. In the 1980 rates we’re up to 18% for home loans. In the 1990’s the rates were 7-10 %. 7% is something we used to pray for.
7% is a problem? It has been the norm for decades before the Fed dropped rates to zero. Either buy at 7% or rent for life. Your choose
@@harryhunter7872 1950
Median home value (unadjusted): $7,354
Median home value (inflation-adjusted to 2020 dollars): $79,063
But yet the average home cost in 2020 was $391,000
You sure you even have an idea what you're talking about?