BiggerPockets Real Estate Podcast

606: Seeing Greene: The “Base Hit” Rental Properties That Will Make You Rich

May 8, 2022
Discover the secrets to building a rental property portfolio that thrives in today's competitive market. Learn the pros and cons of on-market versus off-market investments and how to leverage home equity wisely. Explore strategies for balancing cash flow and appreciation, while navigating the complexities of rental property management. Delve into retirement investing and the benefits of 1031 exchanges. Plus, hear personal stories about transitioning from traditional jobs to real estate careers, providing insights into this dynamic field.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Balancing Risk and Reward

  • Prioritize securing stable income before going full-time in real estate.
  • Balance high-equity plays with safer, cash-flowing investments.
ADVICE

Investing Retirement Funds

  • Consult a financial professional for personalized advice on retirement funds.
  • Consider leveraging and bonus depreciation for tax benefits when investing.
ADVICE

Off-Market vs. MLS

  • Pursue both off-market and MLS deals, treating MLS deals as "base hits."
  • Focus on building an off-market deal funnel for long-term success.
Get the Snipd Podcast app to discover more snips from this episode
Get the app