The Ricky Ricardo Show

Episode 71: Under Contract Again - Pivoting Markets and Chasing Real Cash Flow


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Last week, I shared the tough decision to leave my first real estate market in Evansville, Indiana.

This week — everything changed fast.

In today’s episode of The Ricky Ricardo Show, I’m breaking down how I’m officially under contract on my first mid-term rental in Alabama, forming my first LLC, and working with lenders again to execute a BRRRR strategy focused on real cash flow.

I walk you through:

  • Getting under contract and why I didn’t stress over a $5,000 price difference
  • What due diligence really looks like (inspections + contractor estimates)
  • Why I’m forming my first LLC and what it means for scaling
  • Using hard money for rehab and refinancing into a DSCR loan
  • The potential of mid-term rentals and hybrid Airbnb strategies
  • And the biggest lesson I’m learning about momentum in real estate

This is a real-time update on what happens when you stop overthinking and start taking action.

No guru talk — just the real journey, real numbers, real lessons, and real growth.

🎧 If you’re new to real estate or trying to build momentum yourself, this episode is for you.

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About the show:
The Ricky Ricardo Show documents the real journey of building financial freedom through leverage, better decision-making, and real-world lessons — in real time.
Real estate is the current vehicle, but the principles apply far beyond it.

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The Ricky Ricardo ShowBy Ricardo Hernandez