Updated over 2 years ago on . Most recent reply
Strategies for Today's Reality for Cash Flow?
Hi. I am looking to identify a strategy for my real estate investing this year. Specifically my #1 goal is cash-flow. Due to my age (49), I need a strategy that will produce the ability to cash-flow quicker than the longer-term buy-and-hold strategy. I currently own 13 doors (SMF). I have done large land flips and some land development work in the past. Given the current landscape of high interest rates, and prices where they are, I am looking for any creative ideas/suggestions that might help me formulate a plan to hit my goals? A combination of short-term cash creation to invest in larger SMF for the cash-flow? Anything much more creative than that? I am open to investing anywhere, and am a major 'doer' once I can wrap my head around a plan. Thanks in advance. Laura
Most Popular Reply
Hey Laura!
Something that has been working for me is calling agents with listings that have been on the market for more than 30 days and seeing if their sellers are open to seller finance.
It's a great strategy for agents too because they obviously want to sell the home for their clients. You may just need to work out their commission but everything is a negotiation.
I do a lot of creative finance so if you have any questions feel free to reach out!