How to Make Any Rental Property Cash Flow (Before You Buy)

We’re going to show you how to make any rental property cash flow as soon as you buy it. Want to know how to analyze a rental property like a pro? This is how. Expert investors don’t just crunch the numbers once and submit an offer or reject it—that’s an easy way to miss out on the best real estate deals. Instead, we’re showing you how we tweak specific numbers in your offer to make the deal as profitable as possible, while giving the seller many ways to say “yes.” Today, our friend and fellow investor, Ashley Kehr from the Real Estate Rookie podcast, brought us a real deal she’s debating on buying. Here are the quick numbers: it’s a triplex (three units) being sold by a tired landlord. The price seems reasonable, but the expenses may be too high. We use the BiggerPockets Rental Property Calculator to run the numbers and see if it cash flows, then tweak the offer in multiple different ways to boost the returns substantially. Now, Ashley is taking these offers to the seller. Yes, offers—plural—to see which one they’ll choose. Either way, Ashley is in a position to make more money from this rental than before, and all she had to do was get a little creative. Today, we’re showing you, too, how to make any real estate deal cash flow. In This Episode We Cover How to analyze a rental property from start to finish (and calculate an offer) Seller financing vs. bank loans: how to give the seller the choice so you both benefit  Estimating rents and how to ensure that your units will bring in enough revenue  The numbers you can “manipulate” to make your rental cash flow more  The three final offers Ashley will be giving this seller, and why you should not submit just one  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1166 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices