Cash flow is arguably the most important metric in real estate investing…that is if you’re talking to novice investors. Expert investors, like David Greene, know that cash flow is but one of many factors to consider when buying a rental property, and it’s arguably the least important. While rookie investors focus on building their cash flow, veterans focus on building their wealth while freeing up their time.
On this week’s episode of Seeing Greene, your jiu-jitsu and real estate sensei is back to drop some wealth-building bombs so you can work less, live more, and lead a happier life. David takes questions in the form of video submissions as well as questions off of the BiggerPockets forums. The topics of these questions range from HELOC (home equity lines of credit), buying rentals without a W2, cash flow vs. appreciation, and why rent appreciation isn’t matching home appreciation.
David:
This is the BiggerPockets podcast, show 558.
David:
Sometimes taking the safe road is the quickest way to guarantee that you lose. It doesn’t mean you should be risky but it does mean that you should not assume conservative or safe equals success. Sometimes it doesn’t and this is one of those areas. If they stay on the path that they’re on, they’re not going to hit financial freedom, they’re going to be working for a lot longer.
David:
What’s up everybody? This is David Greene, your host of the BiggerPockets Real Estate podcast. Today here with a Seeing Green edition, where you will be submitting your video and forum questions and I will be doing my absolute best to answer them. Now, Brandon isn’t with me today, he’s with us in spirit and we put a little funny Easter egg into this video. Please, if you’re watching it on YouTube, watch all the way through and if you’re not, go check it out on YouTube, it’s going to be probably somewhere near the middle to the end of it that I think Brandon will get a kick out of.
David:
Today’s show is all about…