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The Stacking Benjamins Show

A Better Way to Buy Investment Real Estate (with David Greene)

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Personal Finance, Financial Planning, Education, Retirement, Investing, Cfp, Business, Money

4.42K Ratings

🗓️ 20 May 2019

⏱️ 64 minutes

🧾️ Download transcript

Summary

Bigger Pockets' David Greene joins us to tackle a more efficient way to buy real estate, especially if you're interested in building a large portfolio of passive income-generating properties. It's called the BRRRR method, and we'll walk through each of those letters on today's show. specifically, we'll talk about how to buy, rehab, rent out, refinance, and repeat. Even if you don't plan on using BRRRR as your strategy, David will share lots of tips on putting your best real estate deals together, finding a great time to help you, and common problems with real estate investing and how to avoid them. And in our headlines segment, are you in a race to reach retirement? We'll discuss one MarketWatch piece that shares 5 hard-earned lessons from people who retired early. It turns out that early retirement (or any retirement at all, is more about psychology than you would think...but it's still about math. Later in the show we'll throw out the Haven Life line to Dave. His mother-in-law wants to invest in his children's college fund. What's the best way to go about that? A 529 plan? Something else? We'll all weigh in on a myriad of options. Then, in our letters segment, Aly's Capital One investment account has been sold to E-Trade. What are the alternatives that she should use? Of course, as always, we'll also make some room for some of Doug's fantastic pre-Memorial Day trivia. Thanks to Proper Cloth for supporting Stacking Benjamins. Get $20 off your first custom shirt at Propercloth.com/sb. How about $50 off your first job post? Head to Linkedin.com/sb Have you read this far? Write us this phrase: OG Stinks! to joe at stackingbenjamins.com to win a #Doug2020 tee-shirt. You can join the brigade of people for responsible leadership!   Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

In a world where overspending, debt and keeping up with the Joneses rules us all,

0:09.6

where the voices from the merchants, restaurants, and credit companies lured over the common man.

0:16.0

Out of the darkness, like a beacon of hope, comes a new voice, a voice that's rich and creamy, like your favorite butter and

0:25.6

delicious like cheeseburger pizza on your diet cheat day.

0:30.3

It's the Stacking Benjamin Show.

0:34.0

Live from Joe's Mom's Basement Show.

0:40.0

Live from Joe's Mom's Basement,

0:42.0

It's the Stacking Benjamin Show. I'm Joe's Mom's, David Duggan.

0:55.0

What a day we have here for you today?

0:58.0

Not only are we kicking off the week leading up to Memorial Day,

1:01.0

but we also have David Green from Bigger Pockets visiting the basement.

1:06.0

Boom! Plus, in our headline segment, are you chasing retirement?

1:10.0

We'll share some hard-earned lessons from people who retired early and that's not all.

1:15.0

We'll also throw out the Haven Lifeline, answer a letter from the mailbag and to top it all off with my amazing trivia.

1:23.2

And now, two guys who are kicking off this week of fun,

1:27.2

it's Joe and O, J-J-J-J-G. G.

1:37.0

And what a Monday, fun day it is. Hey everybody, I'm Joe Salcy,

1:39.0

I average Joe Money on Twitter.

1:41.0

Welcome back to another week, O.G.

1:43.4

Is this the final countdown before summer?

1:45.6

I always feel that way, don't I?

1:48.0

Kids are out of school.

...

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