3 Types of Rentals That Make You Rich (Actual Investments)

Episode #1220 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=youtube_qr_code&utm_campaign=real_estate_show Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Henry’s Book _Real Estate Deal Maker_ : https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders How to Save Up to 20% on New Construction Homes: https://www.biggerpockets.com/blog/how-you-can-save-up-to-20-percent-on-new-construction?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave and Our Panel of Expert Guests: Dave Meyer: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Henry Washington: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none James Dainard: https://www.biggerpockets.com/users/jdainflips?utm_source=youtube&utm_medium=description&utm_campaign=none Kathy Fettke: https://www.biggerpockets.com/users/kfettke?utm_source=youtube&utm_medium=description&utm_campaign=none These rental property deals are making us richer, even with high housing prices and interest rates. Everyone thinks it’s impossible to find cash-flowing rental properties in today’s housing market, but this is NOT the truth. We’re going to show you three real rental property deals we’re buying. All of these are being purchased in 2025—these are NOT cheap deals from 2020 with 3% - 4% interest rates. Each one will build major equity, cash flow, or both. Dave brought backup on this episode—the entire expert panel from the _On the Market_ podcast—to share real deals they’re doing right now. We’ve got three to go through—a $55,000 heavy rehab rental property that will also serve as Henry’s own vacation home, a new build rental property at a super reasonable $214,000 price, and finally, a very creative (but somewhat costly) land-banking deal in Seattle, Washington. Each of these deals ranges in expertise needed. Some of the heavier rehab projects may require a few years of renovation experience, while Kathy’s new build deal is a profitable rental ANYONE can buy right now. Regardless of your experience, you can copy these strategies and get richer with these rentals! 00:00 Intro 02:49 Nastiest Rental Property Ever, But… 07:12 Financing, Permitting, and Renovation 09:02 Can Average Investors Do This? 11:14 Sponsor: REsimpli! 11:55 The Cash Flow Roadshow is Back! 12:32 $214K BRAND New House!? 19:05 Easy Investment for Newbies? 19:38 Big Bet, $300K Profit! 27:21 Best Deal?