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Don’t think you can find cash flow in a high-priced market like Florida? What about doing a fix and flip with today’s rising rates and high-priced renovations? Don’t know if your rental’s zoning could sprout numerous red flags on a sale? We’ve brought some “On the Market” listeners in live to go over the deals they’re doing in 2023, which concerns they’re coming up with, and how they’re building wealth while battling against the economic tidal wave hitting the housing market. Michael Yi and Matt McMains, two of Henry Washington’s mentees, have been trying to hit home run deals in Florida. Michael was able to lock down an underpriced rental property that has almost unbelievable cash flow but with some zoning red flags that could catch him off guard in a sale. On the Panhandle, Matt is weeks away from closing on an out-of-state flip, but with rates jumping up and property holding time getting pricey, expert flipper James Dainard advises caution when getting into a deal like this. One thing is for sure; there are still plenty of ways to profit with investment properties, EVEN in today’s wild housing market! So stick around, and hear exactly how you should be doing your deals as 2023 unfolds. Want to talk about your real estate deal on the show? Email Kailyn@biggerpockets.com with all the nitty gritty details! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?… ~~~~ Listen to The “On The Market” Podcast Wherever You Listen to Podcasts: BiggerPockets: https://www.biggerpockets.com/podcast… Apple Podcasts: https://podcasts.apple.com/us/podcast… Spotify: https://open.spotify.com/show/2NlzZ9N… ~~~~ Join the Future of Real Estate Investing with Fundrise: https://www.fundrise.com/bpmarket ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Connect with Other Investors on the “On the Market” Forums: https://www.biggerpockets.com/forums/… ~~~~ Try RentRedi on Your Next Rental Property: https://app.rentredi.com/loginWith/Bi… ~~~~ Connect with Michael and Matt: Michael: https://www.biggerpockets.com/users/m… Matt: https://www.biggerpockets.com/users/m… ~~~~ Connect with Dave and Our Panel of Guests: Dave Meyer: https://www.biggerpockets.com/users/d… Henry Washington: https://www.biggerpockets.com/users/h… James Dainard: https://www.biggerpockets.com/users/j… Jamil Damji: https://www.biggerpockets.com/users/j… Kathy Fettke: https://www.biggerpockets.com/users/k… ~~~~ Follow Dave and Our Guests on Instagram: Dave: @thedatadeli or https://www.instagram.com/thedatadeli/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywas… James: @jdainflips or https://www.instagram.com/jdainflips/ Jamil: @jdamji or https://www.instagram.com/jdamji/ Kathy: @kathyfettke or https://www.instagram.com/kathyfettke/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Episode #92 Show notes at: https://www.biggerpockets.com/blog/on… 00:00 Intro 02:07 3-Unit Deal in Sunny St. Cloud, Florida 08:56 Renovations and Red Flags 16:55 Tenant Screening and Maintenance 22:14 A Fix and Flip in Pensacola, Florida 30:45 When to Renegotiate Your Deal 39:50 Flipping vs. Wholesaling vs. Renting 43:39 Send Us Your Deal!

Project Flip Starts June 24!

Space is limited! My eight-week Fix and Flip Course combines my 20 years of experience into real actionable guidance. I am teaching a  live online session to a limited number of students.

Don't miss this opportunity learn from an expert and join a team of action-taking investors. Let's achieve your financial goals in 2024.