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163. 2024 Recap: How Is South Bend Treating You?
Manage episode 460243472 series 3248307
Contenido proporcionado por Scott Farrow & Cade Berrett, Scott Farrow, and Amp; Cade Berrett. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Scott Farrow & Cade Berrett, Scott Farrow, and Amp; Cade Berrett o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
In the first episode of the Pursuit of Property podcast for 2025, Scott and Cade look back on their five-year journey with rental properties in South Bend, Indiana. They discuss the financial performance of their properties in 2024, including challenges like vacancies, which affected their cash flow. They share details about their rental income, expenses, and lessons learned, touching on topics like cash flow, tax write-offs, and property appreciation. One standout property, Albert Street, performed well and ended the year with a positive net income. However, properties like Sheridan and Chapin struggled with vacancies and tenants missing payments, leading to some losses. The episode offers an honest look at the ups and downs of owning rental properties and gives listeners insight into Scott and Cade's plans for 2025.
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