BiggerPockets Real Estate Podcast
Business:Investing
When is enough enough? When is it time to STOP investing in real estate? When you have a hundred units or a thousand? When can you step back and let the hard work and grind pay off so you can spend more time with your family, spouse, children, and loved ones? But maybe this is just the start of your real estate investing journey, so a better question would be: how to start investing when you DON’T have tons of money to get in the game? Whether you’re a couple of years away from early retirement or gearing up for your first rental, we’ve got you covered on this episode of Seeing Greene.
Full-time real estate investors David and Rob are back to answer your investor questions! This time around, live-caller Ethan wants to know when enough is enough. He’s built a big real estate portfolio, but his spouse is asking, “What’s the end goal?” Next, David and Rob share what’s going on in their own lives and the “perfect storm” that hit David head-on that could be headed your way. A young house hacker wants to know the best plan for his property after he moves out: rent by the room, turn it into a long-term rental, or go the short-term rental route. Finally, a homeowner with some sizable equity but no extra money asks if she should sell her low-rate primary residence and exchange it for some investment properties.
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:
Why you need to start preparing your short-term rental for spring and summer break NOW
When to start raising rates on last-minute guests (HUGE revenue boost)
What you MUST include in your listing before it’s spring/summer break
Amenities that any host can add to their home to bring in more bookings
Why seasonal photos make a huge difference to guests when browsing properties
How to avoid parties at your property and guest red flags to watch out for
Airbnb’s indoor camera ban and what to do if you have security cameras on your property
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Youtube Channel
BiggerPockets Forums
BiggerPockets Pro Membership
BiggerPockets Bookstore
BiggerPockets Bootcamps
BiggerPockets Podcast
BiggerPockets Merch
Join BiggerPockets for FREE
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
Expand Your Investing Knowledge With the BiggerPockets Books
Be a Guest on the BiggerPockets Podcast
Hear Our Interview with AirDNA’s Jamie Lane
AirDNA
PriceLabs
David's BiggerPockets Profile
David's Instagram
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's X/Twitter
Rob's YouTube
BiggerPockets' Instagram
Ask David Your Real Estate Investing Question
BiggerPockets Podcast 795 with Chad Carson
BiggerPockets Podcast 492 with Rob Abasolo
Forum Post: Sell Primary Residence to Use Equity for Rentals?
Check Out Rob’s New Short-Term Rental, The Pink Pickle
Book Mentioned in the Show:
SCALE by David Greene
The Small and Mighty Real Estate Investor by Chad Carson
Check out more resources from this show on https://www.biggerpockets.com/blog/real-estate-922
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
827: From $16/Hour Factory Wages to SIX-FIGURE Real Estate Paychecks w/Keith Everett
826: 5 Steps to Get ANY Home Offer Accepted (WITHOUT Being the Highest Bidder) w/Christian Bachelder and Lindsey Iskierka
825: Seeing Greene: Early Retirement, Private Lending, & The $10,000 “Guru” Trap
824: Bankruptcy to Financial Freedom by Following the “No B.S.” Real Estate Rules w/Jason Lewis
823: The Tax-Free Strategy Only Real Estate Investors Can Access w/Mitchell Baldridge
822: Seeing Greene: The 10-Year Real Estate Retirement Plan (Use Home Equity!)
How to Buy Your FIRST Rental by The End of THIS Year (Step-by-Step Plan)
821: From Making $48K/Year to Millionaire By His Mid-30s w/Ryan Tseko
820: The Late Starter’s Guide to Retirement with Real Estate (40s, 50s, or 60s!) w/Kim Woolf Bosler and Kyle Mast
819: What Caused 2023’s WILD Insurance Market (and When Prices Could Fall) w/Robert J. Hamilton
818: From 16-Year-Old Skater to Investing in “Cash Machine” Kmart Conversions w/Mikey Taylor
817: 2 “Slam Dunk” Small Multifamily Deals in 2023 (and Where to Find Them) w/Dan Nelson and Jodi Gauthier
816: Seeing Greene: How to Invest with $20K and “Luxury” House Hacking
815: $10K/Month at 25 Years Old by Buying $100K Properties w/Soli Cayetano
814: BiggerNews: Home Prices to Stall as “Deflation” Concerns Pop Up
813: Seeing Greene: The Real Estate “Red Pill” That Made Me $400K/Year w/Dana Bull
812: 17 Properties in 3 Years Thanks to “Non-Stop Rejection” w/Jason Lee
811: 3 Real Estate Tools That'll Save You DOZENS of Hours
810: Tom Brady’s Coach: You DON’T Need to Be the Best to Get the Best Results w/Greg Harden
809: How 1 Rental Property Saved Corey Kent’s Financial Future
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
TED Talks Daily
Radiolab
StarTalk Radio
The Inforium
Entrepreneurial Thought Leaders