741: Seeing Greene: The Cash Flow "Golden Age” Could Be OVER

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 19 March 2023

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The golden age of cash flow real estate investing could be over as we know it. For the past decade and a half, landlords got used to buying standard homes that made a killing in cash flow. Combine that with exponentially appreciating home prices, and anyone who purchased a property in the past ten years looks like an investing oracle. But now, the tide is starting to turn, and rookie real estate investors are struggling to find any house in almost any market that can cash flow. So what happened, and why has the nation’s cash-flowing real estate suddenly disappeared? Welcome back to another Seeing Greene, where your “don’t just go for cash flow” host, David Greene, is back to drop some real estate knowledge for ANY level of investor. In this episode, we get into why it’s so challenging to find real estate deals that cash flow in 2023, when to invest in an appreciation vs. cash flow market, and whether or not to sell a property that isn’t profitable. Then, we switch gears and touch on how to vet a private lender you met online and whether or not an out-of-state rental rehab project is too risky for a brand-new real estate investor. 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 hop on a live Q&A and get your question answered on the spot! In This Episode We Cover: The “Golden Age” of cash flow and why it might finally be over in 2023 How to pivot when you can’t find a “deal” in today’s housing market Cash flow vs. appreciation markets and which makes for a better long-term bet What to do when your rental property isn’t profitable and how to know it’s worth selling Vetting private money lenders and why you should NEVER send money to one Out-of-state renovations and rehabs and why rookie real estate investors should stay clear of them Delayed gratification and why it’s the true path to building wealth And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Cash Flow vs. Appreciation Ability to Delay Gratification Predicts Wealth, Health & Success Book Mentioned in the Show: Long-Distance Real Estate Investing by David Greene Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-741 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the BiggerPox Podcast Show 741.
0:04.0	The reason you're feeling bad is it might be ego.
0:07.1	You're looking at other investors that are making money.
0:09.1	You're looking at your balance sheet every month and you're saying, well I'm losing money,
0:12.0	I'm doing it wrong.
0:13.5	Maybe not.
0:14.5	Maybe this is how real estate has always worked over time.
0:18.1	It was the people willing to lose in the short term to make money in the long term that
0:22.2	worked.
0:23.2	Now I hope it doesn't stay that way.
0:25.1	But I am preparing for a reality where the golden age where you just like bobbin for apples,
0:31.2	you just put your mouth in there and you came out and you hope your apple is bigger than
0:33.8	the other apples but you always got an apple.
0:36.1	That could be over.
0:37.1	What's going on everyone?
0:38.1	This is David Green here today with a scene green episode if you didn't notice it in
0:41.4	the title.
0:42.4	If you haven't heard one of these before, you're in for a treat.
0:45.3	On these shows we take questions directly from our audience base.
0:48.5	That's right.
0:49.5	You.
0:50.5	And I deal with the struggles you got going on, questions you have about real estate, clarity
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.