Cautionary Advice and Personalized Investing Strategies

This chapter discusses the importance of being cautious when investing in real estate, emphasizing the need to avoid feeling pressured to make back losses quickly. They highlight the risks involved and advise being extra careful with remaining assets when in debt. They conclude by summarizing the topics covered in the episode and encouraging listeners to continue searching for profitable deals.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Have home equity? Well, you could retire early, thanks to it. If you bought a house from 2009 up until 2021, there’s a good chance you could be sitting on tens of thousands, hundreds of thousands, or millions of dollars in equity. But equity just sitting in a property isn’t doing much for you unless you can use it to retire early! Want to know how? Stick around; we’ll show you!

We’re back on another Seeing Greene where average investor Rob Abasolo joins buff, strong, beautiful, and bald David Greene to answer your real estate investing questions. In today’s show, we talk to Anthony, a slow-and-steady investor who’s built up an impressive amount of equity over the past decade. He wants to retire early and use his equity to increase monthly cash flow. But what’s the best way to do it?

Next, we share some public loathing of HOAs (homeowners associations) and how they can be the bane of your investing existence, plus when it’s time to sell a property in an HOA. Finally, an investor who is STRUGGLING to pay off her HELOC asks what the next best move to make is: work hard to pay it off the old-fashioned way or leverage ANOTHER investment to become debt-free faster.

In This Episode We Cover:

How to turn your home equity into cash flow and an early retirement

Buying rental properties in cash and when it makes sense to forgo a mortgage

Syndications vs. active investing and when you should stay away from “passive” income

HOA headaches and why a homeowner association could ruin your cash flow

Cash-hemorrhaging HELOCs and the fastest way to pay off bad debt

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums