High interest rates are stopping you from investing, so what do you do? Wondering how to prepare for a recession if one hits soon? Should you sell your rentals and pocket some cash, or will you regret dumping your performing properties to secure some short-term safety? These tough questions can’t be answered by just anyone, so we have our expert investors David Greene and Rob Abasolo on to help you navigate through the most financially puzzling parts of real estate investing.
In this Seeing Greene, we’re tackling topics like how to prepare for a recession as a landlord, what to do when high interest rates kill your deals, and whether you should build an ADU (accessory dwelling unit) or simply park an RV on your land and rent it out instead. But that’s not all; a contractor wants to know how to work with investors while making even more money. Is he barking up the wrong tree, or is going the investor instead of the residential route a better choice for those trying to grow their contracting business?
Plus, how long a tenant turnover should take and whether your property manager is moving too slowly. All that, and much more, is coming up in this Seeing Greene show!
In This Episode We Cover
How to invest in real estate during a high interest rate environment (and find lenders!)
Whether or not to sell your rentals if a recession hits in the near future
Renting out an ADU vs. an RV and which will make you more money and come with a lower cost
The power of compound interest and David’s genius method to pay off properties fast
Tenant turnover times and how long it should take for your property manager to find new renters
How contractors can get consistent work from investors by doing this
And So Much More!
Links from the Show
Ask Your Question and Network with Investors on the BiggerPockets Forums
Join BiggerPockets for FREE
Grab David’s BRRRR Book, “Buy, Rehab, Rent, Refinance, Repeat”
Property Manager Finder
Real Estate Podcast 900 – The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) w/Brian Burke, J Scott, and Scott Trench
Ask David Your Real Estate Investing Question
See David and Rob at BPCON2024 in Cancun!
(00:00) Intro
(01:37) How to Invest with High Rates
(07:24) Renting Out an RV?
(14:00) Questions from the Comment Section
(15:41) Sell Rentals to Recession Prep?
(23:56) What Contractors Must Know
(33:58) Subscribe for More Seeing Greene!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-981
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