Knowing how to buy a rental property is one thing, but coming up with the money is another. This is the constant struggle real estate investors find themselves in. When they have cash, there aren’t enough deals. When they have deals, there isn’t enough cash. This catch-22 usually puts investors in a spin cycle, never pulling the trigger on their first or next deal. But, it doesn’t have to be this way. With the right mindset, you can find the money to purchase more rental property, even if you’ve run out of options.
This is what expert investor, David Greene, refers to as his capital “carrot,” or the thing that allows him to find (and make) more money to buy even more real estate. And it’s just one of the topics in today’s Seeing Greene show. In this episode, David takes a live call from Garrett, who’s struggling with whether or not to sell or keep his first deal. We also get questions about BRRRRing with high interest rates, where to find medium-term rental tenants, and how to find a realtor in a brand-new market.
Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!
00:00 Intro
02:15 Quick Tip
02:57 Chasing the Capital Carrot
21:46 Questions from the Comment Section
32:55 How to DOMINATE a New Market
41:26 Where to Advertise Medium-Term Rentals
44:28 How to Find a Realtor in a New Market
49:35 Ask David Your Question!
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Get Real Estate Investing Data, Guides, and Resources:
https://www.biggerpockets.com/resources?utm_source=youtube&utm_medium=description&utm_campaign=none
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Use the BiggerPockets Rental Property Calculator on Your Next Deal:
https://www.biggerpockets.com/rental-property-calculator?utm_source=owned_media
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Grab the Books Mentioned in Today’s Show and Use Code “DAVID” at Checkout:
SOLD: https://store.biggerpockets.com/products/sold-every-real-estate-agent-s-guide-to-building-a-profitable-business?utm_source=owned_media
SKILL: https://store.biggerpockets.com/products/skill-a-top-producing-agent-s-guide-to-earning-unlimited-income?utm_source=youtube&utm_medium=description&utm_campaign=none
Multifamily Millionaire Volume 1: https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-i?utm_source=owned_media
Multifamily Millionaire Volume 2: https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-ii?utm_source=owned_media
Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media
30-Day Stay: https://store.biggerpockets.com/products/30-day-stay?utm_source=youtube&utm_medium=description&utm_campaign=none
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Hear Our Interview with Zeona and Sarah and Mark Simpson:
Zeona and Sarah (Medium-Term Rentals): https://www.biggerpockets.com/blog/real-estate-679?utm_source=youtube&utm_medium=description&utm_campaign=none
Mark Simpson (Short-Term Rentals: https://www.biggerpockets.com/blog/real-estate-680?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/
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Connect with David on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Episode 587
Show notes at: https://www.biggerpockets.com/blog/real-estate-687?utm_source=youtube&utm_medium=description&utm_campaign=none
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