1 hr
Single Family Rentals with Kim Kesterke Flipping America
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- Entrepreneurship
I want to invest in real estate but I want to keep my day job. How can I manage it all? Today I have answers for you.
Passive income is (or should be) our goal. If you are starting with a big pile of money and/or good credit, you can skip flipping and go straight to rentals. Make money in your sleep and enjoy the tax advantages that come from owning income properties. But how do you go about it? What do you buy? What should the numbers look like? How do you manage them? When and how do you hire management? Get answers to these and all your questions.
Kim Kesterke, author of “The W2 Landlord” course joins me for a discussion of the ins and outs of owning single family rentals.
How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (877-557-6437) ext 1. Leave your message or your question.
Email your questions to questions@flippingamerica.net. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors American IRA: www.americanIRA.com
Flipping America Funding: Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.
Legal Shield
Announcements:
Flipping America Funding is live! Monday May 16th. News and Resources: https://www.marketwatch.com/story/5-things-to-know-about-investing-in-single-family-rental-homes-2018-05-29 Targeted to women, but good advice for all. https://womenwhomoney.com/investing-single-family-rentals/ Written for physicians, but pretty thorough for anyone. https://financialresidency.com/how-to-evaluate-a-single-family-house-for-a-buy-and-hold-rental-investment/ One of the best set of arguments in favor of single family over multi-family investments I’ve seen. Plus - he’s a fan of John Shaub, as I am. https://www.coachcarson.com/why-single-family-houses-are-your-best-investments/ This author makes the argument but confuses cap rate with return on cash, which are very different. A 5% cap rate might still yield double digit returns on cash. https://www.rentfaxpro.com/why-i-invest-in-single-family-homes-over-multifamily/ This article makes a good cast for remote rental investing and does a nice job of explaining the benefits of leverage. https://learn.roofstock.com/blog/single-family-rental A few of the “pros” for single family here represent an attempt to manufacture logical support for something they are selling - namely turn-key rentals. That doesn’t make them wrong - but perhaps overstated. https://learn.roofstock.com/blog/single-family-vs-multi-family-rental-investments Good explanation of the concept of tenant “stickiness”. https://investorjunkie.com/real-estate/single-family-rental-homes/ This is a balanced pros and cons comparison of single-family and multi-family investments written by someone who is NOT selling one or the other. https://passiveincomemd.com/is-it-better-to-invest-in-single-family-rentals-or-apartment-buildings/ Mindset Moment: No one can do everything all the time every day. I find that my life has been the sum of several phases. Some of them are major phases - like this whole real estate thing. Some of them are minor. For example, after the pandemic started, we started buying deli meats and all the trimmings needed to make sandwiches for lunch at home - since that’s where I was. I really got into the art of making a great sandwich - for a couple of months. It was healthier probably than what I had been eating and I enjoyed it but I stopped. I don’t know why and I’ve given zero thought to it other than this moment of reflection. Why? Because it’s not important.
You’re going through a phase in your
I want to invest in real estate but I want to keep my day job. How can I manage it all? Today I have answers for you.
Passive income is (or should be) our goal. If you are starting with a big pile of money and/or good credit, you can skip flipping and go straight to rentals. Make money in your sleep and enjoy the tax advantages that come from owning income properties. But how do you go about it? What do you buy? What should the numbers look like? How do you manage them? When and how do you hire management? Get answers to these and all your questions.
Kim Kesterke, author of “The W2 Landlord” course joins me for a discussion of the ins and outs of owning single family rentals.
How to contact us www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (877-557-6437) ext 1. Leave your message or your question.
Email your questions to questions@flippingamerica.net. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors American IRA: www.americanIRA.com
Flipping America Funding: Get the money you need for your business, for your training, for infrastructure, and for your projects. Flipping America Funding is your one-stop shop for all of your business funding needs. FlippingAmericaFunding.com.
Legal Shield
Announcements:
Flipping America Funding is live! Monday May 16th. News and Resources: https://www.marketwatch.com/story/5-things-to-know-about-investing-in-single-family-rental-homes-2018-05-29 Targeted to women, but good advice for all. https://womenwhomoney.com/investing-single-family-rentals/ Written for physicians, but pretty thorough for anyone. https://financialresidency.com/how-to-evaluate-a-single-family-house-for-a-buy-and-hold-rental-investment/ One of the best set of arguments in favor of single family over multi-family investments I’ve seen. Plus - he’s a fan of John Shaub, as I am. https://www.coachcarson.com/why-single-family-houses-are-your-best-investments/ This author makes the argument but confuses cap rate with return on cash, which are very different. A 5% cap rate might still yield double digit returns on cash. https://www.rentfaxpro.com/why-i-invest-in-single-family-homes-over-multifamily/ This article makes a good cast for remote rental investing and does a nice job of explaining the benefits of leverage. https://learn.roofstock.com/blog/single-family-rental A few of the “pros” for single family here represent an attempt to manufacture logical support for something they are selling - namely turn-key rentals. That doesn’t make them wrong - but perhaps overstated. https://learn.roofstock.com/blog/single-family-vs-multi-family-rental-investments Good explanation of the concept of tenant “stickiness”. https://investorjunkie.com/real-estate/single-family-rental-homes/ This is a balanced pros and cons comparison of single-family and multi-family investments written by someone who is NOT selling one or the other. https://passiveincomemd.com/is-it-better-to-invest-in-single-family-rentals-or-apartment-buildings/ Mindset Moment: No one can do everything all the time every day. I find that my life has been the sum of several phases. Some of them are major phases - like this whole real estate thing. Some of them are minor. For example, after the pandemic started, we started buying deli meats and all the trimmings needed to make sandwiches for lunch at home - since that’s where I was. I really got into the art of making a great sandwich - for a couple of months. It was healthier probably than what I had been eating and I enjoyed it but I stopped. I don’t know why and I’ve given zero thought to it other than this moment of reflection. Why? Because it’s not important.
You’re going through a phase in your
1 hr