The David Greene Show Seeing Greene - Episode 22
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Dec 3, 2024 Dive into the world of real estate investment strategies, where DIY meets subcontracting in property rehab debates. Explore whether it's smarter to sell or hold onto properties given today's unpredictable market. Tune in for insights on managing rental challenges, the intricacies of partnerships, and accounting issues with property managers. Plus, discover how rising competition and President Trump's return might shake up the housing market. Get practical tips alongside engaging personal anecdotes, making complex topics accessible and entertaining!
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Balancing DIY and Subcontracting
- Schedule professionals for major renovations like foundation, roofing, and plumbing.
- Focus on lighter tasks like drywall, painting, or finishing touches yourself to save time and money.
Selling at a Loss
- Selling a property at a loss is acceptable if you reinvest wisely.
- Focus on long-term gains and market appreciation rather than short-term losses.
House Hacking with Relationship Challenges
- Consider renting out one or both properties and moving into a new house hack with an ADU.
- Open communication with partners about financial goals is crucial for success.
