#467: Should I pay down debt or buy more rentals? (Best of CC)
Real Estate Investing with Coach Carson
Chad Carson
4.9 • 613 Ratings
🗓️ 26 December 2025
⏱️ 18 minutes
🧾️ Download transcript
Summary
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm
🎙️ Episode #467 - The age-old question of: should you keep acquiring properties or shift gears to pay down existing debt? Coach and Erion talk you through the nuances of this decision, exploring key milestones, income goals, and lifestyle considerations to help you navigate your unique path to financial freedom.
📑 Show Notes: https://www.coachcarson.com/paydownorbuymore/
🎬 Timestamps:
- 00:00 - Buy a New Property or Pay Down Debt?
- 00:18 - Join my exclusive community
- 00:50 - When to Start Paying Off Debt?
- 03:35 - Real Estate as a Source of Income
- 04:53 - When to Focus on Income
- 05:37 - Maximizing Return vs. Income
- 09:12 - Investing to Achieve Financial Goals
- 12:12 - The Importance of Long-Term Thinking
- 12:36 - Setting Investment Income Goals
- 16:17 - How to Connect with Us
- 16:34 - How to Pay Off Rental Property Debt Quickly
🔗 Connect with Erion:
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Twitter: https://twitter.com/investarchitect
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Website: https://www.signaturehouston.com/
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LinkedIn: https://www.linkedin.com/in/erionshehaj/
___________________________________________________
💵 Need Investor-Friendly Financing?
This is who I trust → https://www.coachcarson.com/bryan
🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant
📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod
Transcript
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| 0:00.0 | Hey everyone, it's Coach Carson. Quick note before we start. Today's episode is a re-release from about a year ago, but I'm bringing this episode back because the question keeps coming up again and again, especially right now. And the question is, should you keep buying more rental properties? Or should you take your cash and start slowing down a little bit and start paying off debt? So we have higher interest rates now. There's more uncertainty. And a lot of |
| 0:21.4 | investors are sort of second guessing themselves about their strategy. So what I like about this |
| 0:25.3 | conversation with my friend Arian is that we don't treat this as an either or decision. We talk about |
| 0:30.4 | how there's timing and there's milestones of your career. There's also depending on what kind of your |
| 0:35.1 | income goals you have and your lifestyle goals. So it's more than just math on a spreadsheet. It's also, depending on what kind of your income goals you have and your lifestyle goals, |
| 0:40.0 | so it's more than just math on a spreadsheet. |
| 0:43.8 | It's also we give you some frameworks to make the decision for your personal situation. |
| 0:49.0 | So as you listen, pay attention to when it makes sense to shift gears and then how your answer changes depending on where you are in your investing journey. |
| 0:52.2 | All right, let's jump in. |
| 1:01.8 | Thank you. where you are in your investing journey. All right, let's jump in. Today's question comes from Aaron Amin, a member of my private coaching community called |
| 1:05.9 | Rental Property Mastery. If you haven't heard of Rental Property Mastery, it's the place where I |
| 1:09.9 | coach and help small and |
| 1:11.1 | mighty real estate investors to buy more properties, to raise more funds, and to turn their |
| 1:15.4 | rental properties into passive investments so they can achieve financial freedom. |
| 1:19.8 | You can check it out or join at the link below in the podcast and YouTube description. |
| 1:23.7 | To help me discuss this question, I brought on my friend and one of the smartest real estate |
| 1:27.1 | investors and professionals I know, Arian Shi Hai. |
| 1:30.2 | He's from Houston, Texas, and he's also known as the investing architect. |
| 1:34.2 | Now let's go to our conversation. |
| 1:36.1 | I want to ask you, and let's have a discussion here about when is it the right time to start paying off some of your debt on your rental properties? |
| 1:44.0 | And when is it time to just |
| 1:45.7 | keep buying more? That's a great question. But I just want to make a clarification first, |
... |
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