Have home equity? Well, you could retire early, thanks to it. If you bought a house from 2009 up until 2021, there’s a good chance you could be sitting on tens of thousands, hundreds of thousands, or millions of dollars in equity. But equity just sitting in a property isn’t doing much for you unless you can use it to retire early! Want to know how? Stick around; we’ll show you!
We’re back on another Seeing Greene where average investor Rob Abasolo joins buff, strong, beautiful, and bald David Greene to answer your real estate investing questions. In today’s show, we talk to Anthony, a slow-and-steady investor who’s built up an impressive amount of equity over the past decade. He wants to retire early and use his equity to increase monthly cash flow. But what’s the best way to do it?
Next, we share some public loathing of HOAs (homeowners associations) and how they can be the bane of your investing existence, plus when it’s time to sell a property in an HOA. Finally, an investor who is STRUGGLING to pay off her HELOC asks what the next best move to make is: work hard to pay it off the old-fashioned way or leverage ANOTHER investment to become debt-free faster.
In This Episode We Cover:
How to turn your home equity into cash flow and an early retirement
Buying rental properties in cash and when it makes sense to forgo a mortgage
Syndications vs. active investing and when you should stay away from “passive” income
HOA headaches and why a homeowner association could ruin your cash flow
Cash-hemorrhaging HELOCs and the fastest way to pay off bad debt
And So Much More!
Links from the Show
Listen to All Your Favorite BiggerPockets Podcasts in One Place
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Find a BiggerPockets Real Estate Meetup in Your Area
Be a Guest on the BiggerPockets Podcast
BiggerPockets Podcast 636 with Amy Mahjoory (Part 1)
BiggerPockets Podcast 352 with Diego Corzo
Join BiggerPockets Pro and Start Investing for Financial Freedom TODAY
Shop The BiggerPockets Store SALE and Get an Additional 10% Off with Code “BOOKS849”
Hear More from Expert Flipper James Dainard on The “On the Market” Podcast
Books Mentioned in this Show
Pillars of Wealth by David Greene
Connect with Anthony:
Anthony's BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-849
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