{"id":11226,"date":"2024-03-25T03:00:22","date_gmt":"2024-03-25T10:00:22","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=11226"},"modified":"2024-03-22T20:47:52","modified_gmt":"2024-03-23T03:47:52","slug":"sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/","title":{"rendered":"SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"11226\" class=\"elementor elementor-11226\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-14735108\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/14735108-sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran.js?container_id=buzzsprout-player-14735108&player=small\" type=\"text\/javascript\" charset=\"utf-8\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section 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class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b6cec80\" data-id=\"b6cec80\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-aef4eb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"aef4eb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c8cc6a4\" data-id=\"c8cc6a4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dd376f elementor-widget elementor-widget-image\" data-id=\"7dd376f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image-768x768.png\" class=\"attachment-medium_large size-medium_large wp-image-11227\" alt=\"\" srcset=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image-768x768.png 768w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image-300x300.png 300w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image-1024x1024.png 1024w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image-150x150.png 150w, https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Square-Promo-Image.png 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-022db59\" data-id=\"022db59\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ae2d8fa elementor-widget elementor-widget-heading\" data-id=\"ae2d8fa\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Joe Finneran<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00186b elementor-widget elementor-widget-text-editor\" data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Today, Joe Finneran joins us to show what it\u2019s like to thrive in real estate without a fixed strategy. He shares his sustained growth in the business by buying, holding, and selling rental properties, his straightforward yet effective way of communicating with tenants, and the things he\u2019s now focusing on to make more money from property investing.<\/p><p>So, if you think of investing in the New York market, listening to this episode could help you begin your journey!<\/p><p><b>Key Points &amp; Relevant Topics<\/b><\/p><ul><li>Joe\u2019s entry to real estate investing in New York and his comparison of the property prices after the market crash in 2008 vs. the market today<\/li><li>The impact of COVID-19 on the NY housing market\u00a0<\/li><li>What made Joe decide to hold properties for long-term cash flow after buying and selling without a strategy<\/li><li>The importance of evaluating tenants and setting expectations when you\u2019re self-managing properties<\/li><li>When to buy and hold and when to buy and sell properties<\/li><li>Investing in multiple single-family rentals in one market vs. multifamily apartment buildings<\/li><li>What is a cap rate and why learning it is important<\/li><li>The difference between a true real estate investor and a homebuilder<\/li><\/ul><p><b>Resources &amp; Links<\/b><\/p><ul><li><a href=\"https:\/\/www.amazon.com\/Rich-Dad-Poor-Teach-Middle\/dp\/1612680194\" target=\"_blank\" rel=\"noopener\">Rich Dad Poor Dad by Robert T. Kiyosaki<\/a><\/li><li><a href=\"https:\/\/bonavestcapital.com\/checklist\/\" target=\"_blank\" rel=\"noopener\">Apartment Syndication Due Diligence Checklist for Passive Investor<\/a><\/li><\/ul><p><b>About Joe Finneran<\/b><\/p><p>Joseph Finneran is an experienced and active real estate investor located in Orange County New York. His main focus has been investing in towns that are up and coming due to their proximity within the Big Apple. When covid first hit people thought real estate would collapse along with the economy.\u00a0<\/p><p>Joe believed in continuing to buy and was one of the first ones that analyzed and captured this great opportunity to continue to invest in the outskirts of NYC during Covid due to the migration of people leaving NYC to the suburbs due to covid 19. His focus is 50 percent buy and hold and 50 percent flipping. For Joe, every property is different, and believes in looking at real estate for what its &#8220;highest and best use is&#8221; while also keeping in mind &#8220;how much time something takes&#8221;. Joe has been in the industry for over 11 years and has been involved in over 100 real estate transactions to date.\u00a0<b>\u00a0<\/b><\/p><p><span style=\"font-size: 16px;\">\u2014<\/span><\/p><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Joe:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Website:\u00a0<a href=\"https:\/\/www.stressfreehomebuyers.house\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.stressfreehomebuyers.house\/<\/a>\u00a0<\/li><li>Instagram:\u00a0<a href=\"https:\/\/www.instagram.com\/thecasainvestor\/\" target=\"_blank\" rel=\"noopener\">@thecasainvestor<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div 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class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d19a37\" data-id=\"3d19a37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e282568 elementor-widget elementor-widget-spacer\" data-id=\"e282568\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a241e0 elementor-widget elementor-widget-heading\" data-id=\"2a241e0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran Joe Finneran Today, Joe Finneran joins us to show what it\u2019s like to thrive in real estate without a fixed strategy. He shares his sustained growth in the business by buying, holding, and selling rental properties, his straightforward yet effective way of communicating [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":11228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[437,90,412,111,56,376,57,464,462,115,574,691,583,110,692],"class_list":["post-11226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-cash-flow","tag-cashflow","tag-investing-in-rentals","tag-investment-strategy","tag-real-estate","tag-real-estate-experts","tag-real-estate-investing","tag-real-estate-investment","tag-real-estate-strategies","tag-rental-business","tag-rental-properties","tag-residential-units","tag-residentials","tag-single-family","tag-single-family-residential"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"Today, Joe Finneran joins us to show what it\u2019s like to thrive in real estate without a fixed strategy. He shares his sustained growth in the business by buying, holding, and selling rental properties, his straightforward yet effective way of communicating with tenants, and the things he\u2019s now focusing on to make more money from property investing. So, if you think of investing in the New York market, listening to this episode could help you begin your journey! Key Points &amp; Relevant Topics Joe\u2019s entry to real estate investing in New York and his comparison of the property prices after the market crash in 2008 vs. the market today The impact of COVID-19 on the NY housing market What made Joe decide to hold properties for long-term cash flow after buying and selling without a strategy The importance of evaluating tenants and setting expectations when you\u2019re self-managing properties When to buy and hold and when to buy and sell properties Investing in multiple single-family rentals in one market vs. multifamily apartment buildings What is a cap rate and why learning it is important The difference between a true real estate investor and a homebuilder Resources &amp; Links Rich Dad Poor Dad by Robert T. Kiyosaki Apartment Syndication Due Diligence Checklist for Passive Investor About Joe Finneran Joseph Finneran is an experienced and active real estate investor located in Orange County New York. His main focus has been investing in towns that are up and coming due to their proximity within the Big Apple. When covid first hit people thought real estate would collapse along with the economy. Joe believed in continuing to buy and was one of the first ones that analyzed and captured this great opportunity to continue to invest in the outskirts of NYC during Covid due to the migration of people leaving NYC to the suburbs due to covid 19. His focus is 50 percent buy and hold and 50 percent flipping. For Joe, every property is different, and believes in looking at real estate for what its \u201chighest and best use is\u201d while also keeping in mind \u201chow much time something takes\u201d. Joe has been in the industry for over 11 years and has been involved in over 100 real estate transactions to date. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Joe: Website: https:\/\/www.stressfreehomebuyers.house\/ Instagram: @thecasainvestor\" \/>\n<meta name=\"robots\" content=\"index, nofollow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"Today, Joe Finneran joins us to show what it\u2019s like to thrive in real estate without a fixed strategy. He shares his sustained growth in the business by buying, holding, and selling rental properties, his straightforward yet effective way of communicating with tenants, and the things he\u2019s now focusing on to make more money from property investing. So, if you think of investing in the New York market, listening to this episode could help you begin your journey! Key Points &amp; Relevant Topics Joe\u2019s entry to real estate investing in New York and his comparison of the property prices after the market crash in 2008 vs. the market today The impact of COVID-19 on the NY housing market What made Joe decide to hold properties for long-term cash flow after buying and selling without a strategy The importance of evaluating tenants and setting expectations when you\u2019re self-managing properties When to buy and hold and when to buy and sell properties Investing in multiple single-family rentals in one market vs. multifamily apartment buildings What is a cap rate and why learning it is important The difference between a true real estate investor and a homebuilder Resources &amp; Links Rich Dad Poor Dad by Robert T. Kiyosaki Apartment Syndication Due Diligence Checklist for Passive Investor About Joe Finneran Joseph Finneran is an experienced and active real estate investor located in Orange County New York. His main focus has been investing in towns that are up and coming due to their proximity within the Big Apple. When covid first hit people thought real estate would collapse along with the economy. Joe believed in continuing to buy and was one of the first ones that analyzed and captured this great opportunity to continue to invest in the outskirts of NYC during Covid due to the migration of people leaving NYC to the suburbs due to covid 19. His focus is 50 percent buy and hold and 50 percent flipping. For Joe, every property is different, and believes in looking at real estate for what its \u201chighest and best use is\u201d while also keeping in mind \u201chow much time something takes\u201d. Joe has been in the industry for over 11 years and has been involved in over 100 real estate transactions to date. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! Connect with Joe: Website: https:\/\/www.stressfreehomebuyers.house\/ Instagram: @thecasainvestor\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\" \/>\n<meta property=\"og:site_name\" content=\"Bonavest Capital\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bonavest-Capital-101715108369538\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-25T10:00:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Rect-Promo-Image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Bonavest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Bonavest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\"},\"author\":{\"name\":\"Team Bonavest\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#\/schema\/person\/aa56bd3b0ab2713d39d56bfa8e9ee83e\"},\"headline\":\"SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran\",\"datePublished\":\"2024-03-25T10:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\"},\"wordCount\":445,\"publisher\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#organization\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Rect-Promo-Image.png\",\"keywords\":[\"cash flow\",\"cashflow\",\"investing in rentals\",\"Investment Strategy\",\"real estate\",\"real estate experts\",\"Real Estate Investing\",\"real estate investment\",\"real estate strategies\",\"Rental Business\",\"rental properties\",\"Residential Units\",\"residentials\",\"single family\",\"Single family Residential\"],\"articleSection\":[\"Podcast\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\",\"url\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/\",\"name\":\"SA918 | Purchase Income-Producing Rental Properties for Short-Term Hold with Joe Finneran - Bonavest Capital\",\"isPartOf\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bonavestcapital.com\/podcast\/sa918-purchase-income-producing-rental-properties-for-short-term-hold-with-joe-finneran\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bonavestcapital.com\/podcast\/wp-content\/uploads\/2024\/03\/SA918-Joe-Finneran-Rect-Promo-Image.png\",\"datePublished\":\"2024-03-25T10:00:22+00:00\",\"description\":\"Today, Joe Finneran joins us to show what it\u2019s like to thrive in real estate without a fixed strategy. 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Key Points & Relevant Topics Joe\u2019s entry to real estate investing in New York and his comparison of the property prices after the market crash in 2008 vs. the market today The impact of COVID-19 on the NY housing market What made Joe decide to hold properties for long-term cash flow after buying and selling without a strategy The importance of evaluating tenants and setting expectations when you\u2019re self-managing properties When to buy and hold and when to buy and sell properties Investing in multiple single-family rentals in one market vs. multifamily apartment buildings What is a cap rate and why learning it is important The difference between a true real estate investor and a homebuilder Resources & Links Rich Dad Poor Dad by Robert T. Kiyosaki Apartment Syndication Due Diligence Checklist for Passive Investor About Joe Finneran Joseph Finneran is an experienced and active real estate investor located in Orange County New York. His main focus has been investing in towns that are up and coming due to their proximity within the Big Apple. When covid first hit people thought real estate would collapse along with the economy. Joe believed in continuing to buy and was one of the first ones that analyzed and captured this great opportunity to continue to invest in the outskirts of NYC during Covid due to the migration of people leaving NYC to the suburbs due to covid 19. His focus is 50 percent buy and hold and 50 percent flipping. For Joe, every property is different, and believes in looking at real estate for what its \u201chighest and best use is\u201d while also keeping in mind \u201chow much time something takes\u201d. Joe has been in the industry for over 11 years and has been involved in over 100 real estate transactions to date. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! 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Joe has been in the industry for over 11 years and has been involved in over 100 real estate transactions to date. \u2014To Connect With Us Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review! 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