Want to quit your job for real estate? Not so fast. Trading your steady W2 for rental properties could be a risk that isn’t worth taking in 2023. But why? Isn’t the point of property investing to reach financial freedom and leave your W2 behind? Stick around for the full perspective from expert investor David Greene. His advice could save you money and time when deciding whether or not staying at your job is the right move to make!
Welcome back to another episode of Seeing Greene, where your favorite agent, broker, Batman-voice-impersonator, and podcast host, David Greene, answers your most-asked questions on real estate investing! This time around, we hear from a new investor who wants to know the best real estate side hustles, a mid-career worker who’s undecided on how he should best use his cash to invest, and we even receive a call all the way from New Zealand on how to pick the best real estate market. David also goes deep into why outsourcing is SO challenging (at first), where the BRRRR method WON’T work, and the problem with coaching programs.
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 hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
The best real estate side hustles for investors who want some extra cash
What you need to know BEFORE you quit your job to invest full-time
Real estate market research and the best cities to invest for cash flow
Scaling your business and your portfolio and the secret to outsourcing work
Why the BRRRR method WON’T work in certain rental markets
Appreciation vs. cash flow markets and when to pick one over the other
Whether to buy more rentals, invest in syndications, or put up cash for a coaching program
And So Much More!
Links from the Show
Find an Investor-Friendly Real Estate Agent
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
BiggerPockets Real Estate Podcast 718
BiggerPockets Real Estate Podcast 690
BiggerPockets Money Podcast 305
Should You Invest for Equity or Cash Flow?
Book Mentioned in the Show
Long Distance Real Estate by David Greene
BRRRR by David Greene
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-732
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BiggerPockets Real Estate Podcast