Generational Wealth, Seller Financing 101, & Is Cash Flow King?

Generational Wealth, Seller Financing 101, & Is Cash Flow King?

You’re working hard to build generational wealth. But have you thought about a succession plan for your growing real estate portfolio? Today, we’re going to show you several ways to create a better life for your children while reinforcing the values of hard work, sacrifice, and entrepreneurship!

Welcome back to another Rookie Reply! Want to get more Airbnb bookings? In today’s episode, we’ll show you how to choose short-term rental amenities that will improve your bottom line. We also dive into seller financing and how to make your lender whole if you need to sell the property. We even discuss a unique type of real estate business that allows you to make a huge profit without owning any property. Finally, should you ever buy rental property if it won’t cash flow on day one? Stay tuned to find out!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group, call us at the Rookie Request Line (1-888-5-ROOKIE), or click here: https://www.biggerpockets.com/reply?utm_source=youtube&utm_medium=description&utm_campaign=none

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Join BiggerPockets for FREE:
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
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Property Manager Finder:
https://biggerpockets.com/findapm
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See Ashley and Tony at BPCON2024 in Cancun!
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Submit Your Real Estate Rookie Question!
https://www.biggerpockets.com/reply?utm_source=youtube&utm_medium=description&utm_campaign=none
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BiggerPockets Real Estate – Episode 897: Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market:
https://www.biggerpockets.com/blog/real-estate-897?utm_source=youtube&utm_medium=description&utm_campaign=none
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BiggerPockets Real Estate – Episode 889: How to Build Generational Wealth Without Losing It Along the Way:
https://www.biggerpockets.com/blog/real-estate-889?utm_source=youtube&utm_medium=description&utm_campaign=none
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Two Unique Ways You Can Fund Your Kids’ College With Real Estate:
https://www.biggerpockets.com/blog/how-to-use-real-estate-to-fund-college-costs?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none

Show notes at https://link.chtbl.com/Rookie

00:00 Intro

00:44 Passing Down Generational Wealth

10:05 Choosing Airbnb Amenities

15:28 Seller Financing 101

19:33 Making Money Without Rentals

26:49 Does It NEED to Cash Flow?

32:42 Send Us Your Question!


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