Paying Off Rentals vs. Buying More and Low-Money-Down Loans (Rookie Reply)

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Jan 3, 2025

Explore the debate between paying off your rental properties versus expanding your portfolio. Learn about the pros and cons of FHA loans and other low-money-down financing options. Discover hidden closing costs you can't overlook and practical strategies to attract serious rental applicants. The hosts also share insights on streamlining the rental application process, ensuring you fill vacancies faster. Get ready for valuable tips that can shape your real estate investment journey!

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ADVICE

Balancing Debt and Growth

Consider balancing debt reduction with portfolio growth.
Strike a balance between paying off properties and leveraging equity for new acquisitions.

ADVICE

Analyzing Returns and 1031 Exchanges

Analyze the numbers to compare returns from paying off mortgages versus buying more properties.
Consider a 1031 exchange to consolidate properties and reduce overhead.

ANECDOTE

Streamlining Operations

Ashley sold a paid-off property to reinvest in system improvements after feeling overwhelmed.
This allowed her to build better processes and hire help, ultimately streamlining her operations.

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