I am currently looking at buying rental properties from a long distance. Prices in Colorado have increased year after year and it is very tough to cash flow in the current market. I thought it would be awesome to interview an investor who is not only buying rentals from a long distance, but also flipping. Bob Couture is the guest on this weeks episode of the Invest Four More Real Estate Podcast and he is buying rentals and flips from 3,000 miles away. Bob lives in the Los Angeles area and invests in Massachusetts.
On this episode of the Invest Four More Real Estate Podcast I talk about what my current investing world looks like. I have a lot of things going on and I have made some big changes in 2016. I have 9 flips at the moment, I am headed to Florida in March to check out rentals and I am slowly making progress on a $500,000 flip I bought in November. I also have land under contract that I am thinking of building a subdivision on!
On this episode of the Invest Four More Real Estate Podcast I interview Jay Hinrichs. Jay has had a busy and exciting life and had a number of real estate businesses and adventures. Jay started out in the real estate world as a n agent when he was 18. He worked primarily on land deals, but then moved into the lending business and owned his own mortgage company. He has also developed subdivisions, bought and developed timber land, been a hard money lender, owned over 350 rental properties at one time and much more. Listen in to hear his amazing journey and some great advice he has for real estate agents and investors.
I have been rethinking my rental property strategy due to the increasing property values in Colorado. I have been talking to many investors and it constantly surprises me how many people sacrifice cash flow for possible future appreciation. In this episode of the Invest Four More Real Estate Podcast I discuss why cash flow is so important. Why appreciation is nice, but you cannot rely on just appreciation and I talk about my rentals and possible new strategies.