BiggerPockets Real Estate Podcast - Is “Cash Flow Obsession” Blocking Your Wealth Building?

Cash flow is arguably the most important metric in real estate investing…that is if you’re talking to novice investors. Expert investors, like David Greene, know that cash flow is but one of many factors to consider when buying a rental property, and it’s arguably the least important. While rookie investors focus on building their cash flow, veterans focus on building their wealth while freeing up their time. On this week’s episode of Seeing Greene, your jiu-jitsu and real estate sensei is back to drop some wealth-building bombs so you can work less, live more, and lead a happier life. David takes questions in the form of video submissions as well as questions off of the BiggerPockets forums. The topics of these questions range from HELOCs (home equity lines of credit), buying rentals without a W2, cash flow vs. appreciation, and why rent appreciation isn’t matching home appreciation. ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup ~~~~ Submit Your Video Question for David to Answer: https://www.biggerpockets.com/david ~~~~ Hear the Interview with Rich Dad Poor Dad Author Robert Kiyosaki: https://www.biggerpockets.com/blog/biggerpockets-podcast-500-robert-kiyosaki ~~~~ Should You Invest for Equity or Cash Flow? https://www.biggerpockets.com/blog/equity-vs-cash-flow ~~~~ Ask a Question on The BiggerPockets Forums: https://www.biggerpockets.com/forums ~~~~ Work with David’s Team: Buying and Selling: https://davidgreene24.com/ Financing and Lending: https://www.the1brokerage.com/ ~~~~ Invest in Brandon Turner’s Fund: https://odcfund.com/ ~~~~ Connect with David on BiggerPockets: https://www.biggerpockets.com/users/davidgreene24 ~~~~ Follow David on Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/ Episode 558 Show notes at: https://www.biggerpockets.com/show558 0:00 Intro 4:03 Hard Money vs. Conventional Loans 9:13 How to Buy Rentals Without a W2 12:16 BRRRRing and LLC Loans 17:27 Lowering Your DTI (Debt-to-Income) 20:38 Invest in Real Estate or Funds 29:42 How to Increase ROI per Door 37:16 When to Sell a Rental 45:51 How to Finance Building on Your Own Land 50:07 How Much to Take Out on a HELOC