Episode #1160
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If you know how to find investment properties the right way, your path to real estate wealth gets a lot shorter. Today, weâre giving you two methods anyone can tryâone from an expert on finding great deals with incredible financing options, and another, more âlazyâ method that even beginner investors can take advantage of. You wonât just find real estate deals faster, youâll get the best deals in the market, while investors who donât listen to this podcast doomscroll on listing websites, praying theyâll find a diamond in the rough.
Weâre back, answering your BiggerPockets Forum questions on todayâs episode, and the first one is crucialâhow to find profitable rental properties. Next, an investor wants to buy a duplex with tenants in place. The problem? Theyâre paying way below market rents. Is there a way to keep good tenants around while raising rent prices? Yesâweâll show you how!
When should you keep, sell, or reinvest in a rental? Run this quick calculation to figure out which properties need to be let go, which need to be upgraded, and which you should let ride. Finally, got $400,000 in cash? Weâre sharing exactly what weâd do to turn that amount of money into consistent passive income.
0:00 Intro
1:02 How to Find Investment Properties
8:39 Raising Rents on Inherited Tenants
16:25 Keep, Sell, or Reinvest?
24:32 What to Do with $400K