Your rental portfolio can either be your ticket to financial freedom or a massive headache, but it’s completely up to you, the investor, to decide. Many investors who have been stacking up properties over the past few years now realize they’re sitting on a significant amount of equity. But what is the best way to use this equity without raising your stress levels in the process? Should you buy more units or focus on getting better, smaller, cash-flowing deals?
David Greene is here to help alleviate you from the decision-induced stress, as he’s been dealing with these exact types of questions personally and with many of his buyers recently. In this Seeing Greene episode, David takes answers from BiggerPockets listeners both in video and written form, discussing topics ranging from scaling your real estate portfolio, outsourcing “heavy” tasks with a virtual assistant, and whether to cash-out refinance or use a HELOC(home equity line of credit).
David also answers the age-old question of whether or not unit count matters when it comes to cash flow and long-term wealth building. You may be surprised to hear that many investors' “unit counts” don’t accurately reflect the size of their personal holdings. You’ll also get advice on how to find a great real estate agent from one of the top agents in the country!
If you’d like to ask David a question, be sure to submit yours here!
In This Episode We Cover:
How to grow your real estate portfolio in spite of fluctuating market conditions
Using virtual assistants to outsource the repeatable, “heavy” tasks on your plate
When the right time to sell an investment property is (especially with HIGH appreciation)
Transferring a rental property from your LLC into your personal name, and the implications that come with it
The two types of agents and which one you should use for buying investment properties
HELOCs vs cash-out refinances and the specific uses of both
And So Much More!
Links from the Show
BiggerPockets Youtube Channel
BiggerPockets Rent Estimator
BiggerPockets Forums
BiggerPockets Rental Property Calculator
BiggerPockets Pro Membership
Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder
Submit Your Questions to David Greene
BiggerPockets Podcast 534: Seeing Greene: Should I Buy Now or Wait for a Market Cool-Off?
BiggerPockets Podcast 513: Seeing Greene: BRRRR 101 – Loans, Deals, & Cash Flow —
BiggerPockets Podcast 501: Seeing Greene: How Soon Can I Refi? + 11 Other Real Estate Questions
BiggerPockets Podcast 558: Seeing Greene: Cash Flow—The Most Overrated Metric in Real Estate?
BiggerPockets Podcast 567: Seeing Greene: Finding Cash Flow, Refinancing Sooner, & NNN Properties
David Greene Team
Click here to check the full show notes: https://www.biggerpockets.com/show570
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BiggerPockets Real Estate Podcast