Episode #972
Want to retire early? Real estate investing might be your best bet. Looking to boost your cash flow and expand your real estate portfolio, too? In today’s show, we’re sharing how to use home equity to build wealth the RIGHT way, plus the “portfolio architecture” secrets that enable you to retire earlier than you thought. Whether you’ve got one rental or a hundred or are just starting to dig into real estate investing, we’ve got the investing information you need on this Seeing Greene to reach true financial freedom.
First, an investor sitting on $300,000 of equity asks what he should do: sell his current rental property and buy more OR convert the single-family home into a multifamily investment. The answer isn’t as clear-cut as you’d think. Next, we discuss whether ARMs (adjustable-rate mortgages) vs. fixed-rate mortgages are your best bet for a lower mortgage rate. Plus, we'll share the five BIG mistakes new real estate investors can make. Finally, David describes “portfolio architecture” to an investor who wants to retire by age fifty. He CAN get it done, and you can, too, IF you follow David’s massive passive income plan!
Want to ask David and Rob a question? If so, submit your question here ([ Ссылка ]) so David can answer it on the next episode of Seeing Greene, or hop on the BiggerPockets forums and ask other investors their take!
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Books Mentioned in This Episode:
“Rich Dad Poor Dad”: [ Ссылка ]
“The Richest Man in Babylon”: [ Ссылка ]
“Short-Term Rental, Long-Term Wealth”: [ Ссылка ]
“30-Day Stay”: [ Ссылка ]
“Real Estate Note Investing”: [ Ссылка ]
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Show notes at: [ Ссылка ]
00:00 Intro
01:31 Buy More Rentals or Convert Current One?
07:33 ARM vs. Fixed- Rate Mortgages
16:43 5 Mistakes New Investors Make
21:08 Portfolio Architecture (Retire Early!)
32:05 Moving “Lazy” Equity
42:09 Note Investing 101
51:12 Starting a Business
53:50 Ask Us Your Question!
