Need Advice: How to Cash Flow in 2022

[Chris Kreslins]

Hello, I'm new to investing, and with the current prices against current rents, I'm finding it difficult to get properties to cash flow. As far as I know, I am pretty thorough with the calculators. Is it just me?  Or is it the current state of the market? Any advice would be appreciated. Thanks!

[Niyi Adewole]

Quote from @Chris Kreslins:

Hello, I'm new to investing, and with the current prices against current rents, I'm finding it difficult to get properties to cash flow. As far as I know, I am pretty thorough with the calculators. Is it just me?  Or is it the current state of the market? Any advice would be appreciated. Thanks!

As David Greene would say, you truly have to create the value in a deal. EXample below:

I am a realtor and investor in the atlanta metro area. I purchased a home for $460k last year in a solid neighborhood that everyone wants to be in and that is steadily appreciating. If I were to rent it long term, I could expect to bring in about $2500 per month or $200 less than the PITI payment. I instead fully furnished it and have been renting it on airbnb and vrbo. It has been bringing in between $3300 and $6000 per month, effectively cashflowing and covering itself. It has also appreciated ~$50k in that time period.

If you look at properties through this lense and/or try to take on a rehab project you can still find deals.