Episodes
Thursday Jun 13, 2024
S3E42 Live Questions from Listeners
Thursday Jun 13, 2024
Thursday Jun 13, 2024
In this episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive into the ups and downs of a real estate investment deal that unexpectedly turned into a major renovation project. Tune in as they share their firsthand experiences, the challenges they faced, and the valuable lessons they learned along the way. From dealing with unforeseen repairs and tenant issues to navigating difficult market conditions, Nick and Jeremy provide insights into the importance of cash flow in real estate investing.
Key Takeaways:
- Real estate investments can come with unexpected challenges and costs.
- Thorough property inspections are crucial, especially if you can't see the inside beforehand.
- Market conditions, like interest rates, can impact property sales.
- Assumable loans, such as FHA and VA loans, can be beneficial for buyers and sellers.
- Exploring different investment strategies like wholesaling or joint ventures can improve cash flow.
- Positive cash flow is essential in real estate investing.
- Partnering with cash partners can enhance cash flow.
- Investing in multifamily properties can be a profitable strategy.
- Clear contracts and communication are vital in real estate partnerships.
Sound Bites:
- "Didn't say anything about this house being a complete disaster."
- "We made the right decision when we made it."
- "Subject to is the rebel of real estate strategies."
- "If a property doesn't cash flow, you'd move on."
- "You want to try to purchase something that cash flows no matter what."
- "If you can find a property that makes $10 a month, how many of those can you buy?"
🔗 Connect with us:
- Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed
- Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
- Real Estate Website: http://northidahorei.com
- Facebook: https://www.facebook.com/profile.php?id=100063653307069
- Instagram: https://www.instagram.com/theinvestorshed/
#RealEstateInvesting #CashFlow #RenovationChallenges #RealEstateTips #InvestmentStrategies #MultifamilyInvesting #RealEstatePartnerships #AssumableLoans #InvestorShedPodcast #NickBeveridge #JeremyKitchen
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