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Is Cash Flow STILL King? How to Get More of It in This Market (Rookie Reply)

2025/2/14

Real Estate Rookie

This chapter focuses on managing rental properties from out of state, covering showings, move-out inspections, and essential software. It emphasizes the importance of clear tenant expectations and robust internal systems for smooth management.

Using leasing agents for showings and move-ins.
Employing property management software for rent collection and maintenance.
Establishing clear tenant expectations and internal processes for efficient management.

Shownotes Transcript

Cash flow) is hard to come by in this market. Just a few years ago, it was easy to find rental properties that met the one-percent rule), but today, you need to get creative if cash flow is your main goal. Is buying more rentals the most obvious fix, or is there another strategy that people aren’t talking about? Stay tuned to find out!

Welcome back to another Rookie Reply! Today, we’re returning to the BiggerPockets Forums) to answer more of your recent questions, and first up, an investor needs some help managing their rental property) from afar. Who handles showings? Move-out inspections? We’ll show them how to turn their out-of-state investing)** operation** into a well-oiled machine.

Next, we’ll hear from an** investor who wants more cash flow**. They already have one rental property, so should they pay it off or start looking for their next rental? We’ve got several strategies that they (and YOU) can use!

Finally, what happens when a property you’re looking to buy needs repairs? We’ll share some crucial dos and don’ts when negotiating with sellers)!

Looking to invest? Need answers? Ask your question here)!

In This Episode We Cover:

The BEST strategies to increase your portfolio’s total cash flow

Tips and tricks for self-managing your rental property) (out-of-state!)

Must-have property management and maintenance software for your portfolio

Four ways to tap into your rental property’s equity) and redeploy it

What to do (and what NOT to do) when negotiating repairs with sellers

And **So **Much More!

Links from the Show

Ashley's BiggerPockets Profile)

Tony's BiggerPockets Profile)

Join BiggerPockets for FREE)