Cash flow is hard to find in 2024, but these real estate markets have plenty of it. Since so many previously “cash-flowing” markets have seen rising prices, higher expenses, and limited housing inventory, we went back to the drawing board to reevaluate which markets in the United States offer the most cash flow potential. Today, we share these markets and hone in on two specific ones with real-life on-market examples to prove that cash flow is still possible.
But before we get into that, we’re sharing the cash flow formula even beginners can use to quickly calculate whether a rental property will cash flow. Then, we describe what type of cash-on-cash return WE target in today’s market and list some of the most cash-flowing markets of 2024.
Want to see real cash-flowing rental property examples? We’re hopping over to BiggerPockets Deal Finder as we quickly analyze two separate rental properties in two cash-flowing markets to prove that these properties do sport some serious cash flow. Don’t believe us? Head over to BiggerPockets Market Finder, where you can see the nation’s top rent-to-price investing areas (that’s where the cash flow is!).
In This Episode We Cover:
Two cities that have cash-flowing rental properties for sale RIGHT NOW
Precisely how to calculate cash flow for rental properties (and why most investors do this wrong)
The optimal cash-on-cash return we target that properties must meet before we bid on them
The 1% rule explained and whether or not it’s still worth using in 2024
When to sell a cash-flowing rental, even if it’s making you mailbox money every month
And So Much More!
Links from the Show
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On the Market
BiggerPockets YouTube
BiggerPockets Real Estate Investment Calculators
Try BiggerPockets Deal Finder
Learn All the Rental Property Formulas with “Real Estate by the Numbers”
Find an Investor-Friendly Agent in Your Area
See Dave and Henry at BPCON2024 in Cancun!
Top 10 Real Estate Markets for Cash Flow in 2024
Connect with Henry
Connect with Dave
Check out more resources from this show on
BiggerPockets.com and
https://www.biggerpockets.com/blog/real-estate-1023
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