747: Seeing Greene: “Amplifying” Your Equity and When to Pay Off Debt vs. Invest

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 2 April 2023

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

Want to buy rental properties while the market is down? If you didn’t already know, you could be sitting on the perfect funding source found right under your own feet. But with today’s mortgage rates still double what they were last year, is taking out any of your equity a mistake, or could this be the opportunity of a lifetime to scoop up some sweet real estate deals at a stellar price? We’ve got our expert investor, lender, broker, and ship-metaphor-making host, David Greene, to give you his wealth-building secrets. Welcome back to another Seeing Greene, where we take questions live from BiggerPockets listeners on how you can retire early with real estate, build a business you love, and create generational wealth. This time, we’ve got questions on how to use home equity to buy more property, then we debate cash flow vs. appreciation and which is a better bang for your buck. We’ll also compare commercial vs. residential real estate and explain how these two seemingly similar assets operate VERY differently. And finally, David gives his favorite news sources on where to learn about the economy, the housing market, inflation, and every other variable that’ll help you make intelligent investing decisions! Want to ask David a question? If so, submit your question here so David can answer it on the next episode of Seeing Greene. 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! In This Episode We Cover: Refinancing vs. selling and what to do with high equity but high mortgage rates Appreciation vs. cash flow and why bad neighborhoods are NOT for rental property investing Residential vs. commercial real estate and why it gets tricky when funding bigger deals Bitcoin as an alternative to cash and why the rich are still investing in a downturn Portfolio architecture and how to buy rentals that build wealth (not just cash flow) Where to learn about economic trends, data, and the housing market Paying off debt vs. investing in real estate (and which to do first) And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Network with Other Investors at a BiggerPockets Meetup Cash Flow vs. Appreciation Portfolio Architecture 101 The Patrick Bet-David Podcast Sign Up for David’s Newsletter, ‘Behind the Shine” Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-747 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Pipe Cash Show, 747.
0:04.1	First off, if you don't know what I mean by portfolio architecture, it's the idea of
0:08.4	seeing your portfolio of homes as one organism as opposed to every individual house as its own organism.
0:14.4	You want to have some short-term rentals that spin off a lot of cash and some
0:19.4	traditional boring rentals that provide very steady cash to protect you in down times.
0:24.1	You also want to have properties that maybe don't cash so great, but they build a lot of equity for
0:28.0	you. You've built a lot of equity into. You want to have some properties that over a long
0:32.1	period of time are going to make a bunch of money and some properties that in a short period of
0:35.2	time are going to provide cash flow to get you through that long period of time. You want to combine
0:38.8	them all together. So that's portfolio architecture. What's going on everyone? This is David Green,
0:43.4	your host of the Bigger Pockets Real Estate Podcast. Here to help you guys make money
0:47.5	through real estate and fine financial freedom with a seeing green episode for you today. First off,
0:52.1	I'm proud of myself that I remembered to turn the light green. Before we start recording,
0:56.0	if you want to see what I'm talking about, check us out on YouTube where you can catch the video
0:59.8	portion of this podcast. And second off, if you've never heard of a seeing green episode,
1:05.2	these are shows where you, the listeners, submit your questions directly to me about what goes on
1:10.5	in my head, how I buy real estate problems that you might be having and you don't know what to do
1:14.8	when you should jump into the market, how you should jump into the market, every single thing
1:18.8	that you've thought and said, I love this podcast, but I wish David was here right now. I'd ask him
1:24.8	I could be here right now. Just got to go to BiggerPocks.com. So I just David and submit your question.
1:29.0	And we make this show for the people and by the people today, we have a fantastic episode. I
1:34.7	go a little bit longer. So please, there's a reason I did that. Check it out. Listen all the way
	...

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