🎧Improving Cash Flow on Properties You Already Own
New To Podcast This Week - Over 38,000 Total Downloads*
New to the podcast this week is 🎧Improving Cash Flow on Properties You Already Own.
There are things you can do to improve cash flow at various stages in the process.
Things you can do when searching for properties.
A large number of things you can do related to financing the property.
Things you can do to improve the property.
Things you can do when selecting which real estate investing strategy to utilize.
Things you can do when marketing the property for rent.
And things you can do as you rent the property.
But, this class is all about the things you can do to improve cash flow on properties you already own.
It is part of our entire series of classes on how to improve cash flow. We cover the things you can do for other stages in those classes.
Show Notes
When real estate prices, mortgage interest rates, and rental rates are high, generating great cash flow from a rental property can be more challenging. However, it is also more important than ever to do everything in your power to maximize cash flow.
There are 88 strategies for improving cash flow on rental properties, with some powerful ones related to properties you already own. This mini-class covers the strategies for those properties, which make up the second largest group of strategies.
In this class James covers:
Improving cash flow by refinancing to extend the term
Improving cash flow by refinancing to improve the interest rate
Improving cash flow by paying off the loan completely
Improving cash flow by correcting assessor info
Improving cash flow by contesting tax increases with valid comps
Improving cash flow by voting appropriately on tax related measures
Improving cash flow by shopping your insurance rates
Improving cash flow by evaluating your insurance coverage
Improving cash flow by optimizing who is insured on your policies
Improving cash flow by setting an appropriate insurance deductible for your situation/properties
Improving cash flow by removing private mortgage insurance
Improving cash flow by getting a discount for setting up autopay
Improving cash flow by getting a discount for paying in full/early
Improving cash flow by self managing
Or, alternatively improving cash flow by hiring a professional property manager
Improving cash flow by managing your property manager
Improving cash flow by insisting that your team apply best practices
Improving cash flow by maintaining your properties
Improving cash flow by using quality materials
Improving cash flow by accelerating depreciation
Plus more...
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Enjoy!
Love,
James Orr
*As of this morning, the total number of downloads across all Real Estate Financial Planner™ city-specific real estate investing podcasts for all episodes over all-time is 38,121.