33 min listen
290: Finance FAQs: Renting vs. Buying, How to Pay Off Debt, & Creative Real Estate Closings
290: Finance FAQs: Renting vs. Buying, How to Pay Off Debt, & Creative Real Estate Closings
ratings:
Length:
63 minutes
Released:
Apr 8, 2022
Format:
Podcast episode
Description
Renting vs. buying a home, debt payoff, and the best investments of 2022 are just a few of the topics discussed in this week’s Finance FAQs. That’s right, we’re here with a new segment where Scott and Mindy take your questions directly from the BiggerPockets Money Facebook group and give answers so you can make smarter investing, saving, and life-changing decisions.In this episode, we get into questions from a range of different financial situations. We have questions about debt payoff schedules, whether to sell stocks and invest in real estate, why “safe” investing may not be smart investing, and what to do when three-quarters of a million dollars are given to you. Scott and Mindy not only answer these questions the best they can, but they also give the “why” behind the financial decision so you can be better equipped when situations like this come up in your own life!If you want to ask a question or give us feedback about this new format, you can do so on the BiggerPockets Money Facebook Group or leave a comment on the BiggerPockets Money YouTube channel. We’ll try and round up the most commonly asked questions so Scott and Mindy can keep the wealth-building wisdom coming! In This Episode We CoverThe safest investment vehicle in 2022 (and why safest doesn’t always mean best)Whether to pay off student loans or invest in retirement and real estate Which debt to pay off first so you can coast to debt-free freedomRenting vs. buying in today’s hot housing market and how to decide for yourself Funding home renovation projects (even when contractor costs are high!) House hacking and using it to lower your expenses, grow net worth, and build financial runway And So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingScott's InstagramMindy's TwitterApply to Be a Guest on The Money ShowPodcast Talent Search!Follow Along Mindy’s Live Budget TrackingBiggerPockets Money Podcast 35 with Craig Curelop (House Hacking)BiggerPockets Money Podcast 267 with Robert Farrington (Student Loans)Does It Make More Sense to Rent or Buy in Today’s Real Estate Market?A Beginners Guide to Hack Your Housing and Live for FreePay Off Debt or Invest?Check the full show notes here: https://www.biggerpockets.com/blog/money-290See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Apr 8, 2022
Format:
Podcast episode
Titles in the series (100)
#06: Fearlessly Paying off Massive Student Debt on $30,000 per Year with Sarah Wilson: Are you tired of hearing success stories from folks who are earning $60,000, $80,000, or even $100,000 or more paying off debt and moving toward financial freedom? Where’s the inspiration for the folks out there that do not earn above average... by BiggerPockets Money Podcast