Cash Flow Guys Podcast

This episode was born when Tyler was out in the field recently at an open house.  The home was priced at $105,000 and was a two bedroom / two bath home that would rent for $950 per month.  Real estate agents were parading untrained “investors” around showing them a retail property that clearly will not perform well as a rental at the $105k price point.  The property is priced for an owner occupant.  It became clear to Tyler that these unsuspecting “investors” were unknowingly being lead into a losing situation by inexperienced real estate agents.   First off, knowing what “fair market” rent will be is a critical part of the process.  This takes work….picking up the phone, calling landlords and property managers that rent properties very similar to the one you are thinking about buying.  When doing this, call older ads that by now should already be rented.  This is important to obtain factual information on how much it rented for, versus “asking” rent price.   As in investor, you should have a solid handle on