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Flipping Cheap Rentals To Buy Better Ones With Nick Wood (Ep 398)

Flipping Cheap Rentals To Buy Better Ones With Nick Wood (Ep 398)
Dec 20, 2022 · 22m 14s

Nick shares his strategy of buying cheap single-family properties, doing minor repairs, renting them out, and eventually selling them and using the profit as his down payment on a bigger...

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Nick shares his strategy of buying cheap single-family properties, doing minor repairs, renting them out, and eventually selling them and using the profit as his down payment on a bigger and better property.

We talk about a recent example of how he bought a house and after five months sold it and used the profit as a down payment on a 12 unit apartment building.

Nick also shares the numbers for his entire portfolio including total rent, mortgage payments, expenses and total cash flow.

https://rentalincomepodcast.com/episode398
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Author Rental Income Podcast
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