BiggerNews: 2 Real Estate Markets That PROVE Cash Flow Is Alive in 2024

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 27 September 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Cash flow is hard to find in 2024, but these real estate markets have plenty of it. Since so many previously “cash-flowing” markets have seen rising prices, higher expenses, and limited housing inventory, we went back to the drawing board to reevaluate which markets in the United States offer the most cash flow potential. Today, we share these markets and hone in on two specific ones with real-life on-market examples to prove that cash flow is still possible. But before we get into that, we’re sharing the cash flow formula even beginners can use to quickly calculate whether a rental property will cash flow. Then, we describe what type of cash-on-cash return WE target in today’s market and list some of the most cash-flowing markets of 2024. Want to see real cash-flowing rental property examples? We’re hopping over to BiggerPockets Deal Finder as we quickly analyze two separate rental properties in two cash-flowing markets to prove that these properties do sport some serious cash flow. Don’t believe us? Head over to BiggerPockets Market Finder, where you can see the nation’s top rent-to-price investing areas (that’s where the cash flow is!). In This Episode We Cover: Two cities that have cash-flowing rental properties for sale RIGHT NOW Precisely how to calculate cash flow for rental properties (and why most investors do this wrong) The optimal cash-on-cash return we target that properties must meet before we bid on them The 1% rule explained and whether or not it’s still worth using in 2024 When to sell a cash-flowing rental, even if it’s making you mailbox money every month And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! On the Market BiggerPockets YouTube BiggerPockets Real Estate Investment Calculators Try BiggerPockets Deal Finder Learn All the Rental Property Formulas with “Real Estate by the Numbers” Find an Investor-Friendly Agent in Your Area See Dave and Henry at BPCON2024 in Cancun! Top 10 Real Estate Markets for Cash Flow in 2024 Connect with Henry Connect with Dave Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1023 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	If you've been analyzing deals or trying to get into the real estate game for the last year or two, you already know this, but I'm going to say it anyway,
0:08.0	strong cash flow is getting harder and harder to find.
0:12.0	And a lot of people are saying that the 1% rule is dead or that is just
0:17.0	impossible to find cash flow today but harder doesn't mean impossible and
0:22.4	today we're going to prove it to you with real
0:24.9	markets, real deals and real numbers. I promise you all great deals do exist you
0:30.8	just need to know where to find them.
0:33.0	Hey everyone, it's Dave, it's Friday, which means it's time for bigger news and we've got a great one lined up for you today
0:44.0	my friend and on the market co-host Henry Washington is here to talk about the best
0:49.2	markets for finding cash-flowing deals right now and we we're actually not just gonna talk about what markets are great,
0:56.1	but we're gonna actually analyze real deals
0:59.1	from the MLS in the markets that we're talking about
1:01.8	so you can see what kind of returns you can expect.
1:05.0	Harry, man, it's good to have you back on the show. Thanks for being here.
1:08.0	Hey man, thanks for having me. You know I love doing shows where we're talking about finding good deals.
1:13.5	That's my jam.
1:14.3	Yes, well we have the expert in the house, so thank you.
1:17.7	And I do want to hear what you've been up to recently.
1:20.8	And in order to do that, we're actually trying something new everyone after this
1:26.3	episode records Henry and are going to record an after show it's going to be exclusively
1:31.5	on our YouTube channel where we just casually talk
1:34.1	about what he and I have been up to in our portfolio because we don't always have time for
	...

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