3 Ways to Find Cash-Flowing Rentals EVEN with 7% Mortgage Rates

Рет қаралды 22,359

Күн бұрын

Пікірлер: 39

@OsmondFung 8 ай бұрын

I started with house hacking 2 rooms in my house. Then bought a 4-room townhouse to Rent by the Room self-managed. I am definitely in the trend. Thanks for sharing the comparison!

@BuildingWealthWithRealEstate 8 ай бұрын

Awesome!!

@richardmcgirr1775 8 ай бұрын

Chris Lopez's videos are always the best, learned so much from this video. I don't think room by room is for me, but if I was starting out in real estate I would be all over this.

@BuildingWealthWithRealEstate 8 ай бұрын

Thank you!

@jillyanmacmorris5176 8 ай бұрын

I LOVE the side-by-side comparison. Chris is so clear and concise. I learned a lot in a short period of time and it got my gears turning!

@Mav0585 8 ай бұрын

$330/month for a mid term rental seems like it’s not worth the energy

@devincase3091 8 ай бұрын

That’s why you don’t get it.. it’s tough to wrap your mind around working for equity/future purchasing power/hedging against inflation/hedging against less valuable investments.

@crystaltiki 8 ай бұрын

But people are also paying off the house for you. Plus depreciation perks. Potential appreciation perks. Potential future rent increases. Could end up being decent. But I get what you’re saying too. It’s a hard call.

@manuelcisneros5974 8 ай бұрын

if nothing goes wrong not enough leverage to cover some bs with the tenants or repairs house hacking using sounds more lucrative

@BuildingWealthWithRealEstate 8 ай бұрын

It’s all relative to the market, person, and how much they value the other ways RE makes them money. Unfortunately it’s just hard to cash flow now!

@listerinr 8 ай бұрын

One HVAC replacement will take 2 years worth of rent. No wonder these guys have to buy 100s of properties smh

@katieheinsohn3081 8 ай бұрын

Thank you for outlining the options..... I mean Opportunties! in this market, great ideas to think about. Love that these are REAL numbers and honest expectations

@films.byjules 8 ай бұрын

I wish I had started with house hacking in my early twenties 😭 This was helpful to see the differences in cash flow between the house hacker and landlord though!

@BuildingWealthWithRealEstate 8 ай бұрын

Yea I wish is started in my 20s too

@Chi87s 8 ай бұрын

That’s what I did a year ago if you’re working out great! if I have a downturn for two weeks, I’ll put it on Airbnb and then once I get another contract midterm rental back in the game they usually stay between 3 to 7 months I’ve had them stay for a year

@BuildingWealthWithRealEstate 8 ай бұрын

I like that idea of filling in the MTR vacancy with STR. How much extra revenue did that bring in?

@DanielDoesRentals 8 ай бұрын

Great video! I find cash flowing deals all time time. I just got one under contract the other day. I will be doing a video on it soon!

@charlieerickson5524 8 ай бұрын

I like this guy a lot

@BuildingWealthWithRealEstate 8 ай бұрын

Thank you!

@laurenvalinoti 8 ай бұрын

Great video! I like how the thought process is laid out.

@tyjameson7404 8 ай бұрын

Chris es muy chingon 👍🙏🙌🏾💪🏾❤️🇺🇸👏🏿

@delontamcclain4571 8 ай бұрын

Where can I find these different types of loans for house hackers to reduce down payments & PMI ?

@biggerpockets 8 ай бұрын

The best place to look is biggerpockets.com/findalender! There you can find investor-friendly lenders that know all about the loan products you'll need for your market and specific strategy.

@christinasmith5373 8 ай бұрын

No capital but lots of time and doing deliveries so driving by homes all day long in my area.

@koelg5858 8 ай бұрын

Great video

@ven412 8 ай бұрын

An investor holding a cash flowing rental at a lower purchase price plus a 4% mortgage is going to want a lot of money to give that up and the buyer then has to deal with the higher rate causing that cash flow to evaporate for the new owner.

@BuildingWealthWithRealEstate 8 ай бұрын

I just sold three cash flowing rentals with a sub 4 rate. While the cash flow was good, selling and reinvesting was the better move for my goals

@chrissprague4025 8 ай бұрын

How do you thin AGI will impact the real estate market? How do you think people will migrate to other areas. Do you think home values will go down? will the margins on real estate investments become so small that it wouldn't be worth it anymore?

@BuildingWealthWithRealEstate 8 ай бұрын

I can speak to Denver metro. No I don’t think prices will drop. In 2023 we were up about 4.5%. Some people will move out, others will move in still. Yes margins are getting tougher.