Does your rental property have negative cash flow? This doesn’t necessarily mean you bought a bad deal, though losing money probably isn’t what you signed up for. But not to worry—in today’s episode, we’ll share a few changes that could get you back in positive territory in no time!
Welcome back to another Rookie Reply! Today, we’re answering more questions from the BiggerPockets Forums. First up, we’ll get into house hacking—the easiest way for a new investor to build a real estate portfolio—and show you how to use this strategy to keep buying properties with low money down. Next, should you invest in Columbus, Ohio in 2025? This investing hotspot is drawing plenty of attention, but we’ll show you how to find other markets just like it! Finally, is your Airbnb giving you little or no cash flow? Tune in to learn how to plug the holes in your business, when to hold for appreciation, and when it might be wise to sell!
Ashley:
Today we are going to figure out how to stop your Airbnb from bleeding money.
Tony:
Now, things don’t always go according to plan, but there are tons of ways to optimize pricing, asset management, and amenities on your property.
Ashley:
So maybe you’re spending too much money on operations or maybe you need to find an exit strategy. We’ll break this down and more. Next, I’m Ashley Kehr and this is the Real Estate Rookie podcast.
Tony:
And I’m Tony j Robinson and welcome to the podcast where every week, three times a week, we bring you the inspiration, motivation, and stories you need to hear to kickstart your investing journey.
Ashley:
Okay, so Tony, what’s our first question today?
Tony:
So the first question says, I’m currently house hacking a property that has an A DU that also generates income. I bought this property intending to leave and then rent the house out that I currently live in, which is a two bedroom, one bath. I have a very good interest rate that I locked in during 2022 that I don’t want to lose…