BiggerPockets Money Podcast

290: Finance FAQs: Renting vs. Buying, How to Pay Off Debt, & Creative Real Estate Closings

Apr 8, 2022

01:02:48

Highlights

AI Chapters

Episode notes

Do You Have a Living Flip?

02:01

How Bonds Work and How They Work

04:40

Where Should I Invest in 20 22?

04:39

Introduction

4min

Where Should I Invest in 20 22?

5min

How Bonds Work and How They Work

5min

Investing Long Term in Real Estate?

4min

The Long Term Average Return of the Stock Market

4min

Is There a Moratorium on Student Loans?

3min

The Stock Market Is a Risky Eight to Ten % Return, Right?

4min

How to Get a Year of Financial Runway Without a Pay Check

4min

Renting Is Cheaper Than Buying

4min

10.

How to Buy Real Estate Investment Property and Rent?

5min

11.

Capital Gains Tax

4min

12.

What Should I Be Asking My Lender?

4min

13.

Do You Have a Living Flip?

2min

14.

The Financial Runway Is for This Purpose

4min

15.

Slash Money

2min

16.

Bigger Pockets Real Estate Boot Camps

2min

Renting vs. buying a home, debt payoff, and the best investments of 2022 are just a few of the topics discussed in this week’s Finance FAQs. That’s right, we’re here with a new segment where Scott and Mindy take your questions directly from the BiggerPockets Money Facebook group and give answers so you can make smarter investing, saving, and life-changing decisions.

In this episode, we get into questions from a range of different financial situations. We have questions about debt payoff schedules, whether to sell stocks and invest in real estate, why “safe” investing may not be smart investing, and what to do when three-quarters of a million dollars are given to you. Scott and Mindy not only answer these questions the best they can, but they also give the “why” behind the financial decision so you can be better equipped when situations like this come up in your own life!

If you want to ask a question or give us feedback about this new format, you can do so on the BiggerPockets Money Facebook Group or leave a comment on the BiggerPockets Money YouTube channel. We’ll try and round up the most commonly asked questions so Scott and Mindy can keep the wealth-building wisdom coming!

In This Episode We Cover

The safest investment vehicle in 2022 (and why safest doesn’t always mean best)

Whether to pay off student loans or invest in retirement and real estate

Which debt to pay off first so you can coast to debt-free freedom

Renting vs. buying in today’s hot housing market and how to decide for yourself

Funding home renovation projects (even when contractor costs are high!)

House hacking and using it to lower your expenses, grow net worth, and build financial runway

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

BiggerPockets Forums

Finance Review Guest Onboarding