What's your cash flow strategy for 2024?

[Alex Rodgers]

Hi everyone,

I've been looking for properties for months and am still having trouble finding properties that cash flow. I'm aware that with high interest rates and the crazy rates of appreciation we've experienced within the past few years it's almost impossible to find something on the MLS, but I'm not sure what other strategies are working right now. What strategies have you used successfully in the past year to aquire a cash flowing property? Did you go through a wholesaler? Did you buy a MTR/STR? I'd love to hear about your experience!

[Michael Dumler]

@Alex Rodgers, over the past two to three years, my clients and I have been implementing the investment strategy of rent-by-the-room in Atlanta, GA. It's a high-risk, high-reward strategy and is not for everyone, if I'm being honest. That being said, these deals are absolute cash cows. For further insight, research rent-by-room companies such as HomeRoom and PadSplit. Moreover, I'd be happy to chat if you want to learn more. FYI, many of these deals come directly from the MLS. With challenging market conditions, investors are forced to get creative. Those who aren't getting creative are buying negative cash flow/break-even or acquiring their deals off-market.