855: Seeing Greene: Student Housing, Lease Options, and How to Buy with High DTI

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 11 December 2023

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Student housing investments can make you killer cash flow. If you invest in college towns, students will pay a premium to be close to campus and won’t mind living in a property with three, four, or five other roommates! This means you can squeeze six high-paying tenants into one single-family home. But more money means more problems, and your investment property could become a party house overnight. How do you keep the cash flow and avoid the headache? Let’s find out! David is back on Seeing Greene to answer your real estate investing questions, and his partner in crime, Rob Abasolo, joins in to add more investing firepower to this episode. This time, the dynamic duo will touch on student housing investments and whether fitting six (yes, six!) students under one roof is worth the risk. Then, how to invest when your DTI (debt-to-income) is too high. One investor asks whether a lease option is the best way to sell a property, and finally, we’ll finish with the great debate: pay down your mortgage early or save the money instead. 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 jump on a live Q&A and get your question answered on the spot! In This Episode We Cover Investing in student housing and whether the huge cash flow is worth the headaches How to make sure your short-term rental or student housing DOESN’T become a party house How to fund your real estate deals when your DTI (debt-to-income) is too high Selling properties via lease options and what could go wrong during the deal Paying off your mortgage early vs. keeping the cash and saving instead And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-855 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 BiggerPockets Podcast Show 855.
0:05.0	What's going on everyone? This is David Green, you are host of The BiggerPockets Podcast,
0:09.0	where we arm you with the information that you need to start building long-term wealth through real estate today.
0:14.6	Today's show is a seeing green episode.
0:17.1	That means that I am going to be answering your questions directly related to real estate
0:21.7	and I brought in some help.
0:22.8	Rob Abasolo will be joining me on today's show as we offer insight from our
0:26.8	experience and the things that we've seen in real estate to help are question
0:30.4	askers and you grow your wealth through real estate.
0:33.4	We've got an amazing show including a guest
0:35.9	what we brought on to go back and forth live
0:38.0	when we were recording and you won't want to miss it.
0:40.9	Definitely keep an eye out for when we discuss if you should use a lease option on a house
0:45.1	hack or not. If you should pay down your mortgage or save more cash with the extra principle that's
0:51.0	left over, what to do when DTI is stopping you from scaling your portfolio.
0:56.0	And joining us live, Carl is asking about building student rentals and if he should add extra
1:01.6	bedrooms to generate an additional $1,200 of income a month or if the headache is not worth the return.
1:09.0	All that and more on today's show. Let's get into it.
1:12.0	And welcome Carl to seeing Green.
1:15.0	Carl has 30 years of real estate investing experience. He also has an incredible
1:20.8	head of hair. I love it. You're not watching on YouTube. You need to go check it out.
1:26.0	Carl is a real estate broker, a general contractor, and even an auctioneer, although he doesn't do a lot of that
	...

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