Building a House vs. Buying and When Is It "Too Late" To Invest?

Building a house vs. buying a house—which makes more sense for today’s investor? With home prices rising faster than many of us have ever seen before, more and more real estate investors are asking whether or not building their rentals is a smarter idea. And who can blame them? Building a rental property can seem like a great way to minimize acquisition costs, but this is only true in certain circumstances, which many investors just won’t fit into.

Welcome to Live Takes where Henry Washington, investor and "On The Market" guest host, joins David Greene for a live real estate Q&A. David and Henry invite four investors onto the show today to talk about each of their passive income predicaments. These topics include buying vs. building a home, how to get out of a bad BRRRR, whether or not it’s too late in life to invest in real estate, and how to invest out-of-country.

Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene or Live Takes. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can hop on a live Q&A and get your question answered on the spot!

~~~~

Join BiggerPockets for FREE:

~~~~

Hear Henry on “On The Market” Wherever You Listen to Podcasts:

Spotify: Podcasts:

~~~~

Subscribe to The “On The Market” YouTube

~~~~

Ask David Your Real Estate Investing David’s Book “Long-Distance Real Estate Investing”:

~~~~

5 Ways to Avoid Going Over Your Flipping Budget:

~~~~

Is it Better to Build New or Renovate Existing Homes as an

~~~~

Invest with David on Upcoming

~~~~

Connect with David and Henry on

~~~~

Follow David, Henry, and BiggerPockets on Instagram:

David: @davidgreene24 or

Henry: @thehenrywashington or

BiggerPockets: @biggerpockets or

Episode 610

Show notes at:

00:00 Intro

02:51 Quick Tip

05:22 How to Finance Land for New Constructions

21:29 Sell or Keep a Nightmare BRRRR Property?

43:32 How to Invest When Starting Later in Life

59:30 Investing from 5,000 Miles Away!

01:14:18 Wrapping Up Our Real Estate Q&A

Recommended Reading >> bit.ly/32kRpzw

Comments