The Ricky Ricardo Show

Episode 13: Turning a Fixer-Upper into Cash Flow: My Second Investment Journey in Evansville


Listen Later

In this episode, Ricardo discusses his second real estate investment in Evansville, Indiana, covering key financial details such as the purchase price, closing costs, and creative financing used for the rehab. He emphasizes understanding rental income, effective property management, and the importance of setting aside reserves for unexpected expenses. Ricardo also shares a unique strategy for recouping funds from the investment, resulting in a low-cost, cash-flow-positive property. The episode concludes with market insights and advice for aspiring real estate investors.​
...more
View all episodesView all episodes
Download on the App Store

The Ricky Ricardo ShowBy Ricardo Hernandez