Don’t Sell Your “Low Cash Flow” Rental Property Yet…

Поділитися
Вставка
  • Опубліковано 12 лис 2024

КОМЕНТАРІ • 38

  • @florianewu7256
    @florianewu7256 Рік тому +5

    It was actually super interesting to watch both of Rob and David’s different perspectives and conclusions. Our individual opinions are influenced by our own goals and life experiences. Made me be even more open minded. 🧠 Ty!

  • @gainerspot
    @gainerspot Рік тому

    David, thank you for everything that you do to help other people out. I am looking forward to getting your new book. Great job getting the green light on before the show started.
    I am doing a major rehab my 6th door. Can you do a episode on the systems you put in place to streamline the rental properties and some of the SOPs you put into place? I need to start putting something in place to help with organization and not being behind on managing my properties and everything that goes along with rental property. I do most of the work myself. My wife is a LO and super busy, we have 3 young kids(7,5,1), with a farm and I work out of state for 2 weeks at a time, we are also on the board of two nonprofit organizations. Life is busy and we need help to streamline what we can. I usually focus my time on what is most important at the moment. I love real estate and enjoy doing the work on the houses. I plan on leaving my job in the oilfield in 1-3 years to invest/rehab full-time if I can figure out how to keep growing when my obligations of time are maxed out. I am concerned with how many properties we can manage with me working at a remote location for 2 weeks at a time. Once I am home full time things will be a lot easier to keep up with. I am 43 and when the 6th door is rented I will be just over $4k cash flow. Property management is not an option due to the simi rual area I live in. Wife is not interested in long distance property.
    Also, I Love the Greg Harden episode. Im about half way through his book.

  • @DanKohan
    @DanKohan Рік тому +2

    Absolutely, Melissa! Remember, real estate can be a way to grow your money. Keep learning, talk to people who know about real estate where you live, and trust that you'll make the right choices. Your hard work is inspiring!

  • @bloomip
    @bloomip Рік тому

    Great episode guys. Rob thank you for joining. Good decision David

  • @zeekflash6924
    @zeekflash6924 Рік тому +1

    Love seeing Greene, we get real questions thx

  • @jeanpaulg1037
    @jeanpaulg1037 Рік тому

    Thanks for answering my question David!!
    And I did go to you guys also! You were great help; just my Financials weren't 100%.

  • @moisesmarin111
    @moisesmarin111 Рік тому +3

    Please have rob back I love his input

  • @alexandrapadilla4786
    @alexandrapadilla4786 Рік тому +2

    Loved having you both on the Seeing Green Episode! I say you keep it going! Rob was my original catalyst into short term Glamping rentals and you, David, have been my catalyst to become a full time Real Estate Professional!! Having you both together is a BIG bonus!!! I vote to continue to bring Rob on!!! Thanks to you both for all the knowledge and real encouragement to just “do something” to keep moving forward! You guys ROCK! (By the way….I love bald men! So sexy! 😉)

  • @remondalavinghouse3796
    @remondalavinghouse3796 Рік тому +1

    Thanks I started listening to your blog recently and Thanks I have a question how do you fired your property manager?

  • @Andys_Auto
    @Andys_Auto Рік тому

    I must say I'm 32 years old and have lived in MO my whole life and there are MANY people here including myself that also use the word HELLA.

  • @kanaka_haole_96706
    @kanaka_haole_96706 Рік тому

    I did enjoy the 2 perspectives

  • @bttaylor09
    @bttaylor09 Рік тому +3

    Bring Rob back! Enjoyed this episode!

  • @bridgeburner4824
    @bridgeburner4824 Рік тому +1

    More Rob! Always

  • @RebelwithaCause777
    @RebelwithaCause777 Рік тому

    I didn’t understand the part of why he needs to manage it to get the bonus de appreciation and short term loop hole ?

  • @fsm12385
    @fsm12385 Рік тому

    Cash flow depends highly on Down Payment provided no short cuts , short cuts are bandaids to a future wound

  • @fsm12385
    @fsm12385 Рік тому

    Sometimes business and family does not work out , sweet when it does thou , not so sweet when it doesn't a relationship breaker

  • @chanietabradley2123
    @chanietabradley2123 Рік тому

    You won me over David when you said they response should be…here’s what you need to change so we can do it”.
    Very exhausting working with lenders who say they are knowledgeable but have very little creative options to work deals out.

  • @ejc389
    @ejc389 Рік тому

    I’ve noticed David’s beard is progressively becoming more grand. Rob’s is still in its infancy. Brandon Turner’s is exactly the same length as his forehead and hair combined. It wasn’t always that way, it grew in unison with his career and is now a testament to his wisdom in the world of real estate. In conclusion, there seems to be a correlation between where a BP host is at in their professional journey and the size of their beard.
    Today’s quick tip…The bigger the beard, the bigger the portfolio.
    P.S.
    I’ve reverse engineered my real estate goals and have decided that I’m going to stop shaving as of today (step one: “Check”)

  • @SARoofing-t6e
    @SARoofing-t6e Рік тому

    Hey guys I'm new to real estate I do have 5 small properties. I need advice should I build on them they are commercial properties or should I buy rental homes I have about 200k cash to build or invest in rental homes any advise would be greatly appreciated thanks. Antonio

  • @jdp0359
    @jdp0359 Рік тому +1

    I'm not sure you can exchange a 1031 houses for a multifamily. Are you sure he can do that? I know with a 1031 it has to be a similar kind of investment.

  • @worklifebalancepodcast935
    @worklifebalancepodcast935 Рік тому

    Good Content!

  • @TJ-th9hw
    @TJ-th9hw Рік тому +1

    Brink Rob back please! This was a fantastic episode. Thanks for this awesome show!

  • @idkmybffjill9682
    @idkmybffjill9682 11 місяців тому

    9:00 do you stick to ur rivers near you?

  • @fsm12385
    @fsm12385 Рік тому

    There are good Real estate agents However there are agents that only care about Commission. Again there are some great agents thou

  • @Lovepinkdress
    @Lovepinkdress Рік тому

    Could you pls talk about the laws on renting as we see the headlines of squatters for years and landlords don’t have any power to thrown them out as it’s “illegal” rental. Thanks!

    • @redtiger7268
      @redtiger7268 Рік тому

      The laws are to various. Each state, city and even neighborhood can have its own laws

  • @fsm12385
    @fsm12385 Рік тому

    Real Estate is not passive income , you do have to work it , not all roses all the time

  • @edwinmachado7964
    @edwinmachado7964 Рік тому

    Was it the Wurstküche place? Haha

  • @Lovepinkdress
    @Lovepinkdress Рік тому

    Didn’t NY banned short term rentals? Hmm

  • @rodchandlerii2896
    @rodchandlerii2896 Рік тому +1

    FFA PROUD

  • @ladyjayne8869
    @ladyjayne8869 Рік тому

    Why are there commercials and Ads-seriously like every 2 minutes

  • @ScooterWisdom
    @ScooterWisdom Рік тому +7

    Hmmm. A new president is going to lower interest rates? 😂

    • @osminalfonso3852
      @osminalfonso3852 Рік тому +3

      Its hard for a new President to dictate to banks what the interest rate must be. But presidents can influence tge economy in a positive way and hence lower cost and interest rates for everyone

    • @KyChristensen
      @KyChristensen Рік тому

      Yeah...came here to say this ..the President can't lower rates - and the Fed makes it increasingly obvious who calls those shots... And while the high rates suck right now.... I think they have done a great job cooling inflation

    • @tokyojon4344
      @tokyojon4344 Рік тому

      My comment exactly. Interest rates are determined by The Fed. The Fed works independently of either political party.

  • @reasonfeel
    @reasonfeel Рік тому

    Urg. Shows have been Meh

  • @ketolifestylekilitinc.5955
    @ketolifestylekilitinc.5955 Рік тому +1

    I’m first!