How do you know if a rental property will make enough cash flow before you buy? Budgeting is KEY. When breaking down a deal, it’s critical that you account for the costs of all capital expenditures (CapEx), maintenance, and repairs. Overlooking an important line item could easily put you in the red!
Welcome back to another Rookie Reply! In today’s episode, ... Show More
Apr 20
How to Turn Your “Stuff” Into Cash-Flowing Assets (And Buy More Rentals)
If you could create a few income streams that gave you an extra $10,000, $20,000 or more per year, how would it change your life? Today’s guest has made a habit of turning her liabilities into cash-flowing assets, using everything from normal rental properties to mobile home park ... Show More
36m 41s
Apr 2023
759: Seeing Greene: The ONE Factor That'll Make or Break Your Rental Property
A rental property doesn’t need to be brand new, have the best amenities, or offer 24/7 property management to do well. An older home can out-cash-flow a new build with one specific factor. So, what is THE key to having a profitable rental property, and why do so many rookie real ... Show More
46m 5s
Apr 2023
402: Tax Day Q&A: Live CPAs Help YOU Owe Less To the IRS
Tax season is a nerve-racking time for many, especially for those who don’t have simple tax returns. If you’re a real estate investor, you need top-notch tax advice if you hope to reap the best tax savings when filing—legally, of course. And that’s exactly what we’ve got for you ... Show More
42m 26s
Apr 2023
756: Seeing Greene: How to “Supercharge” Your Rental Property's Cash Flow in 2023
Real estate cash flow is why most investors decide to buy rental properties. But with interest rates at decade-long highs, rents starting to stagnate, and home prices still in unaffordable territory, making cash flow, or breaking even for that matter, has become challenging. And ... Show More
47m 38s
Feb 2021
168: Finance Friday: Budgeting Expenses While Living on The Road with Renewable Energy Worker Clayton
A big piece of advice given by many wealthy people and real estate professionals is to simply “get started when you’re young”. This is exactly what our guest has done today. Clayton, a renewable energy worker, travels around the midwest for work, living out of an RV with his part ... Show More
1h 5m
Jun 2022
621: Seeing Greene: Is Paying Off My Mortgage Early a Mistake?
Paying off your mortgage early—to some people, this sounds like a dream scenario. But to others, it could be a cash-tastrophe. We can already hear real estate investors yelling out “always use leverage”, “what about the low interest rates!?”, and “you can scale so much quicker!” ... Show More
46m 9s
Jul 2023
793: How to Analyze a Rental Property as a COMPLETE Beginner
Don’t know how to analyze a rental property? After this episode, you’ll be a rental property analysis pro, knowing exactly how much money you’ll make on your first, second, or next real estate investment. But don’t worry; you won’t need any complex formulas, dense spreadsheets, o ... Show More
1h 18m
Feb 2024
The Finance Expert: Simple 6 Step WEALTH Formula ANYONE Can Use To Become a MILLIONAIRE! | Jaspreet Singh
<p>Today, finance expert Jaspreet Singh dives into the world of financial responsibility, mindset shifts for wealth building, and the art of savvy investing. </p><p>Lewis and Jaspreet unpack complex financial concepts using everyday language and relatable personal examples. From ... Show More
58m 5s
Feb 2024
Money and Lifestyle Habits That Are Wasting Your Paycheck
Want to pay off your debt faster? Stick around! This week, you’ll learn five ways to speed up your debt payoff. Plus, don’t miss my #1 tip for never running out of money before your next paycheck, and Nisha Vora joins me to share some of her favorite grocery shopping hacks and af ... Show More
30m 29s