75 min listen
280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate
280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate
ratings:
Length:
65 minutes
Released:
Mar 4, 2022
Format:
Podcast episode
Description
Investing in real estate is a proven way to build wealth, produce more cash flow, and retire early. But, not everyone is cut out to do every type of real estate investing. Some strategies take dramatically more time and effort than others. House hacking may be perfect for investors or couples without kids, live in flips could work best for those with some rehab experience, and BRRRR investing is reserved for those with proven investing experience.While some of these strategies are as simple as buying a house and renting out a side, others require far more of a time commitment—time that many investors, like today’s guest Jeff, may not have. Jeff is already an established investor, currently living in a house hack that’s helping him offset his mortgage. But, he wants to expand into more return-focused real estate like live in flipping and BRRRRing.But, with a high-paying job and lots of money in the bank, Scott and Mindy ask the question, “is real estate investing even worth it for Jeff?” Should he be sticking to stocks or does a labor-intensive rehab clearly outweigh the costs? If you’re wondering whether or not you should choose the real estate investing path to FI, make sure you hear out the arguments in today’s episode. In This Episode We CoverWhether or not PMI (private mortgage insurance) is worth it on a low down payment loanHow to make moves to buy a rental property in today’s hot housing market Active income vs. passive income and which yields greater benefit Live in flipping and the benefits of doing your own work on a rehabWhat to do when you have too much cash on hand in an inflationary environment Rolling over your 401k to maximize your non-taxable retirement incomeAnd So Much More!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 4, 2022
Format:
Podcast episode
Titles in the series (100)
#19: The Ultimate Real Estate Retirement Plan with Chad Carson: Chad Carson has never had a “real job.” Instead, he has parlayed his experience helping with his father’s rental business into his own real estate rental business. Now, Chad owns enough real estate that he’ll never have to work at a real... by BiggerPockets Money Podcast