Your rental portfolio can either be your ticket to financial freedom or a massive headache, but it’s completely up to you, the investor, to decide. Many investors who have been stacking up properties over the past few years now realize they’re sitting on a significant amount of equity. But what is the best way to use this equity without raising your stress levels in the process? Should you buy more units or focus on getting better, smaller, cash-flowing deals?
David Greene is here to help alleviate you from the decision-induced stress, as he’s been dealing with these exact types of questions personally and with many of his buyers recently. In this Seeing Greene episode, David takes answers from BiggerPockets listeners both in video and written form, discussing topics ranging from scaling your real estate portfolio, outsourcing “heavy” tasks with a virtual assistant, and whether to cash-out refinance or use a HELOC (home equity line of credit).
David also answers the age-old question of whether or not unit count matters when it comes to cash flow and long-term wealth building. You may be surprised to hear that many investors' “unit counts” don’t accurately reflect the size of their personal holdings. You’ll also get advice on how to find a great real estate agent from one of the top agents in the country!
If you’d like to ask David a question, be sure to submit yours here:
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Find a Great Agent for Your Next
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Cash Out Refinances vs HELOCs | Which Should You
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Episode 570
Show notes at: Intro
1:42 Quick Tip
2:49 How to 10x Your Rental Portfolio
17:18 Using Virtual Assistants
21:02 High Equity: Should You Sell?
24:38 David's Seeing Greene Report Card
30:58 Finding Investor-Friendly Realtors
34:50 Refinancing From an LLC
37:18 Evolution of The Modern Real Estate
49:12 House Hacking & BRRRRing
53:00 Cash-Out Refi or HELOC to Buy Rentals
1:00:03 Ask David Your Question!
1:03:21 What's Next for The BiggerPockets
Recommended Reading >> bit.ly/32kRpzw
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