651: Seeing Greene: Recession Risks, Renting to Family, & Scaling Your Portfolio
How does a recession affect real estate investors? With layoffs, high inflation, and affordability problems, can the average American even afford to rent? What about vacation rentals—will short-term rental hosts see occupancy drop as families run out of disposable income? These types of questions can strike fear into rookie real estate investors, but we’ve brought along some veterans to clear up the facts from fiction.
Welcome to another episode of Seeing Greene where David is joined by numerous expert investors to help him answer real estate-related questions. Ashley Kehr, Avery Carl, Craig Curelop, and Matt Faircloth are all on today’s episode to answer questions ranging from recession risk to house hacking income, scaling from small to large multifamily, and more. If you want to dive deeper into any of these niches, be sure to sign up for the BiggerPockets Bootcamps, featuring strategy-specific live lessons for house hackers, short-term rental hosts, multifamily investors, and more.
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 hop on a live Q&A and get your question answered on the spot!
In This Episode We Cover:
Finding a mentor and how to choose a real estate market as a beginner
Where the short-term rental market is trending and whether or not recession puts it at risk
Renting to family and friends, whether to discount rent, and how to treat them as a tenant
Debt-to-income ratios and how house hacking rent could affect yours
Scaling from small multifamily to large multifamily properties and the differences between the two
Investing in real estate vs. stocks and the risks of selling a rental property
HELOCs vs. cash-out refinances and which is best when buying more real estate
And So Much More!
Links from the Show
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
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
Enroll In the BiggerPockets Bootcamps and Get 10% Off Using Code “BOOTCAMP10”
No, Life Isn’t Fair—But Here’s How You Can Turn Things Around
Books Mentioned in the Show:
The House Hacking Strategy by Craig Curelop
The Multifamily Millionaire Part 1 by Brandon Turner & Brian Murray
The Multifamily Millionaire Part 2 by Brandon Turner & Brian Murray
Raising Private Capital by Matt Faircloth
Short-Term Rental Long-Term Wealth by Avery Carl
Connect with Ashley, Avery, Craig & Matt:
Ashley's BiggerPockets Profile
Ashley's Instagram: @wealthfromrentals
Avery's Instagram: @theshorttermshop
Matt's Instagram: @themattfaircloth
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-651
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