Watch This BEFORE You Turn Your House Into a Rental Property
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 Published On Mar 10, 2024

Where’d all the cash flow go? More than ever, rental property owners are waking up to find less and less mailbox money coming in every month. This is doubly true for those who used low down payments to house hack and turned their properties into full-on rentals. So, what do you do if you have a rental property giving you low, no, or negative cash flow? Should you sell it and swap it for another investment or ride it out, betting on future appreciation gains? We’re giving our thoughts in this Seeing Greene!

As always, David and Rob are here to answer your pressing real estate investing questions. But resident yacht tycoon James Dainard also brings his twenty years of investing experience to the show to help this week’s rookie real estate investors. First, our very own Noah Bacon asks what he should do with a negative cash-flowing house hack that has six figures in tax-free equity. Then, we ask a question everyone wants an answer to, “WTF is wrong with investors these days?” If you want to turn your house into a rental property, stick around because two more investors ask whether it’s worth it AND when you can start writing off those lucrative real estate tax deductions.

Want to ask David a question? If so, submit your question here (https://www.biggerpockets.com/david?u...) so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

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Show notes at: https://link.chtbl.com/BPRE


00:00 Intro

01:38 My Rental is Losing Money!

10:35 STOP Looking for CASH FLOW

15:24 WTF is Wrong With Investors?

22:19 Why Do High-Priced Homes Appreciate Faster?

26:45 Primary Won't Make a Good Rental?

30:03 When Can I Start Expensing Rental Costs?

32:55 Ask Us Your Question!

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