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834: Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review

834: Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review

FromBiggerPockets Real Estate Podcast


834: Seeing Greene: Inherited Houses, HELOC Risks, and Our Favorite 2-Star Review

FromBiggerPockets Real Estate Podcast

ratings:
Length:
45 minutes
Released:
Oct 22, 2023
Format:
Podcast episode

Description

About to take out a HELOC to buy an investment property? This could be a move you regret for years, ESPECIALLY if you’re doing this in 2023. As home prices have risen and real estate investors search for more money to invest, the HELOC (home equity line of credit) has become an obvious choice for many. But drawing from these lines of credit could come with a lot more risk than you might think and may tank your cash flow.

David Greene is back on another Seeing Greene, live from Florida! But that’s not all; Rob (Robuilt) Abasolo is coming on to tag-team your real estate investing questions. They'll first talk to Tim, who wants to invest in real estate in high-priced Southern California. He has a townhome with some sizable equity but doesn’t know how to fund his first investment or make the most cash flow. David and Rob also hit on what to do with inherited or paid-off properties and how to scale when you lack the capital. Plus, we read a two-star review and combat it with a YouTube comment compliment from David’s secret admirer. 

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot!

In This Episode We Cover

How to turn your home into a rental property and investing in expensive areas

When you should (and definitely shouldn’t) use a HELOC to fund your rental property purchase

The super passive short-term rental “reverse” arbitrage model most landlords don’t know about 


Scaling your real estate portfolio even when you’re out of capital 

Inherited properties and how to make hands-off cash flow 

The smartest ways to fund rental property repairs and renovations 

And So Much More!


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-834
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Released:
Oct 22, 2023
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.