Should I invest now or wait? How do I set up my children for financial success? What do top agents do to stand out in the market? These are all questions of real estate investors, agents, and onlookers who wait to see what’s next in the 2022 housing market. With so much uncertainty around us and an environment of intense competition, it can be a struggle to know what move is the right one or whether or not to sit out of the game entirely.
Well, if you’re looking for a top agent, investor, and podcaster with a very shiny head, you’ve come to the right place. David Greene is back with another fan-favorite episode of the Seeing Greene series as he takes questions directly from BiggerPockets listeners and commenters on YouTube.
In this week’s seeing Greene, you’ll hear David go granular into commonly asked questions and topics like: how to finance a rental without W2 income, what to do when a home is zoned incorrectly, investing in expensive markets like Hawaii, asset protection for real estate investors, and why cash flow isn’t the most important metric when house hacking.
David:
This is the BiggerPockets Podcast show 582.
David: I bought properties that didn’t cash flow because I got them significantly undervalue. I bought one in Florida probably five years ago, maybe six years ago that I was able to buy for around 195, and it was worth almost $260,000. It was an credible deal from a wholesaler, but it didn’t cash flow. I didn’t care, I basically bought myself $150,000 of equity, and it’s only gone up since then. Am I okay to lose a couple hundred bucks for a couple years so I can get that? Yes. Now in what circumstance would that be a bad idea?
David: What’s going on everyone? It is David Greene, your host of the BiggerPockets Podcast here today with a scene green episode. On this show format, we take questions from people just like you that have submitted them to biggerpockets.com/david, and I’ll do my best to answer them for everyone here….