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Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Released Tuesday, 9th April 2024
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Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Seeing Greene: When NOT to Build an ADU and How to Invest $300K

Tuesday, 9th April 2024
Good episode? Give it some love!
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How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality.Welcome back to another Seeing Greene. As always, your expert investor co-hosts, David Greene and Rob Abasolo, are here to answer any and every real estate investing question you have. First, we answer, "Is an ADU (accessory dwelling unit) EVER worth building?" With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works, then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate.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:When (and when NOT) to build an ADU (accessory dwelling unit) on your propertyHELOC (home equity line of credit) interest rates explained and when to open oneHow David and Rob would invest $300K in today’s housing marketHow to use home equity and a SMALL real estate portfolio to retire a millionaire What to do when your long-term tenant NEVER signed a leasePortfolio architecture 101 and the huge benefit of paying off your rental properties And So Much More!Links from the ShowFind an AgentFind a LenderBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchJoin BiggerPockets for FREELearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaExpand Your Investing Knowledge With the BiggerPockets BooksBe a Guest on the BiggerPockets PodcastAsk David Your Real Estate Investing QuestionDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's InstagramRob's TikTokRob's X/TwitterRob's YouTubeBiggerPockets' InstagramListen to Our Sister Podcast, “On the Market”Forum Post: Buying a property where tenant does not have a leaseEpisode 919: How to Use Real Estate to Quit the 9-5 Grind

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected] more about your ad choices. Visit megaphone.fm/adchoices

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