Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

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

FromBiggerPockets Money Podcast


280: Finance Friday: Who Should (and Shouldn’t) Be Investing in Real Estate

FromBiggerPockets Money Podcast

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)

For those who have money… or want more of it! Join Mindy Jensen and Scott Trench (from BiggerPockets.com) weekly for the BiggerPockets Money Podcast. Each week, financial experts Mindy and Scott interview unique and powerful thought leaders about how to earn more, keep more, spend smarter, and grow wealth.