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Should I pay off my rentals or scale to more doors? Should I start flipping houses in my local but expensive market or go long-distance? When is the time to move from residential to commercial real estate? We’ve got some crucial questions to answer on today’s Seeing Greene as David and Rob tackle the best ways to build wealth and set yourself up for retirement in 2024. Want to reach financial freedom faster? Then, this is the show for you.
First, an investor who eagerly wants to retire asks whether he should flip houses in the expensive San Francisco Bay Area or begin in a lower-priced area. Next, when is it time to scale vs. pay off your rental properties? When partnering on a house hack, who’s responsible for what, and how do you split up the finances? Finally, a return caller asks about the pros and cons of residential vs. commercial real estate and whether bigger properties will help him reach his goal of retiring with a sizable rental portfolio.
Need answers to your real estate investing question? Head over to the BiggerPockets Forums and ask it! We may choose it for our next show!
David Greene:
This is the BiggerPockets Podcast show, 9 93. What’s going on everyone? Welcome to the BiggerPockets podcast. I am your host, David Green. Here today with my co-host spazzing out on YouTube. Rob Abola. How’s it going, Rob?
Rob:
Oh, it is warm outside. A tree fell in front of my house. We’re dealing with wreckage here in Houston, Texas, but I’ve got a lot to be thankful for because we’ve got AC and it’s okay.
David Greene:
We got no food, we got no booze, and our pet’s heads are falling off. But in today’s episode of Seeing Green, we’re going to be answering your questions, not bringing you our problems. We actually have a really fun show today with lots of laughs and lots of information being shared. We cover if flipping works in expensive markets like mine in the Bay Area from a caller who lives in the same city where I’m recording this…
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