Today's episode was a recent client call recording. Ashley, who's working with one of our Investment Counselors, requested a live "Ask Marco" answer to her big question below.

So she writes in and says, "Hi Marco. A big question for you. I'm at the point in my investing where I'm ready to cash out, refinance my primary residence here in Massachusetts that will Net me about $700,000 in proceeds and I really want to move that "dead equity" into real estate. My goal is cash flow to help cover our larger primary mortgage and also get me closer to leaving my six-figure W2 job.  So the big question, what would you do with $700,000 to invest to maximize cash flow?"

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Then she's got some sub-questions here or comments. The first bullet being, I don't think I'm ready to jump into apartment complexes yet. The thought of buying seven $100,000 single-family residentials outright without financing sounds like the quickest path to cash flow, but I would miss out on the power of leverage. Perhaps it's 14 $100,000 single-family residential homes that are 50% financed.

Third bullet. Any other suggestions for me. All is looking good to close on the two Pennsylvania properties next week. This is outside of the $700,000. Thanks for the suggestion to look at Pennsylvania. They've been so great to work with as you said, they would be and she's referring to the provider team that we work without there. And she finally concludes by saying happy to jump on the phone if you have time to talk this big question through appreciated Ashley. All right. When we jumped on the phone call and just before I started recording the call, she was basically saying that she's been listening to the podcast now for a few months. She loves it. She was, uh, just essentially saying thank you for putting out such great content. And then she was starting to go into her story and that's when I remember to click the record button. Uh, so I have talked to her after the recording and she has given me her permission to edit and publish the content as a podcast episode. So here is the call with Ashley.

Well, as quit my day job and just be more available for them and do real estate full time.

Yeah. Well awesome. Well, um, first of all, just real quick, I just want to say thanks for your comments. I'm glad you liked the show and I'm happy to hear that you've been listening to all the episodes you've downloaded all of them. I need to make some things and make some changes on a few of the earlier episodes, but no big deal. Just one, one of them I want to take down. Yeah. So, no, I'm, I'm glad you're getting a lot from it and I'm glad you read rich dad, poor dad, that that was a game-changing book for me too, even though I was already all-in into real estate and just changed the way I thought about certain things. And so yeah, that's kind of a foundational book. Um, you know, now I've just literally, I've got 2000 books and of course I didn't read all of them, but you know, they just look good on my bookshelf. Yeah. Um, but yeah, so that equity that you are talking about, is that in your principal residence? Was that a second home? Cause I didn't catch that.

It's in our primary, so I, I do have a second home that I just finished, um, two months ago refinancing that as well and pulled all that cash out and amusing that to buy two Pennsylvania properties through you guys.