941: Seeing Greene: Are Home Warranties Worth It & When to Pay Off Debt vs. Invest?
Should you pay off debt or invest? Many online financial gurus would tell you in a heartbeat that paying off debt is the number one priority…but is that always true? What if there was a way to pay off debt WHILE investing, so you could lower your liabilities AND build wealth in the background? And what if you could do that even if you were hundreds of thousands of dollars in debt? If this sounds like your situation, this Seeing Greene is for you!
David and Rob are back, answering your real estate questions so YOU can build wealth faster, reach financial freedom, and live the life you love. Our first question comes from a concerned rental property owner wondering why his property management company can’t do something seemingly simple. Then, a nationwide investor asks, “Are home warranties ever worth it?” A medical student with massive student loans asks how to start investing while in debt, and an aspiring investor asks how to turn his inherited rental property into a big portfolio. Will robots cause the downfall of real estate, and when is it the right time to add a bedroom to your rental? All that and more are coming up in this episode!
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:
Should you invest or pay down debt? We have a strategy for doing BOTH!
What to do when your property management company ISN’T doing what you want
Home warranties 101: an appliance saver or a complete waste of money?
How to turn one rental property into an entire portfolio using HELOCs and cash-out refinances
Whether or not construction “robots” will cause home prices to plunge
When (and when NOT) to add bedrooms or extra space to your rental property
And So Much More!
Links from the Show
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
Ask David Your Real Estate Investing Question
Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?
Should I Pay Off My Student Loan or Invest in Real Estate?
Complete Guide to Home Warranties
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-941
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