Live Deal Analysis | Sell, Refinance, or Hold? - Episode 24

The David Greene Show

In today’ deal analysis, Ethan Board brings me his major rehab situation and the various options available to him. We discuss how he spent $85,000 on a remodel, whether he should sell or refinance, and the best way to capitalize on the equity he is creating with each successive BRRRR. Ethan shares details on the portfolio he is creating as well as the challenges he’s facing in doing so and we go over various strategies that will help him make the most of his opportunities. Using strategies out of my new book “Better Than Cash Flow: The Ten Ways You Make Money In Real Estate” I provide some new angles Ethan hadn’t considered and Ethan shares what he’s doing to build wealth in a low priced market where good tenants can be hard to come by. If you’re looking to build momentum creating a portfolio of more affordable rentals, I invite you to be a fly on the wall and receive inspiration from someone who’s doing just that! Subscribe to The David Greene Show! Apple: https://podcasts.apple.com/us/podcast/the-david-greene-show/id1755485708 Spotify: https://open.spotify.com/show/5Nu6kCJTVzM2x2WsujqBOZ Submit your question for David: https://davidgreene24.com/ask 00:06 Ethan's Deal 01:03 Evaluating the Rehab Costs and ARV 04:25 Deciding Between Keeping or Selling the Property 04:53 Analyzing the Financials and Cash Flow 11:22 Considering the Neighborhood and Future Plans 13:01 Ethan's 2nd Deal: A Country Home with Potential 18:59 Understanding Property Appreciation and Cashflow 19:29 Dealing with Property Management Headaches 20:31 Evaluating the Value of Property Management 23:58 Considering the Financial Implications 25:38 Exploring Equity and Cashflow Strategies 27:02 Maximizing Property Value through Renovations 30:08 Building a Real Estate Portfolio 34:45 Financing and Lending Insights 37:36 Wrap Up