I flipped 20 houses out of state and made decent money...but I'll never do it again. Between contractor nightmares, holding costs, and market timing stress, flipping became a full-time job with inconsistent income. In this episode, I'm sharing 3 STEPS of what I'd do differently if I were starting over today. You'll Learn: The 5 biggest mistakes I made flipping 20 houses long-distanceWhy fix-and-flip is the HARDEST way to build wealth in real estateThe hidden costs that ate into my profi...
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I flipped 20 houses out of state and made decent money...but I'll never do it again. Between contractor nightmares, holding costs, and market timing stress, flipping became a full-time job with inconsistent income. In this episode, I'm sharing 3 STEPS of what I'd do differently if I were starting over today. You'll Learn: The 5 biggest mistakes I made flipping 20 houses long-distanceWhy fix-and-flip is the HARDEST way to build wealth in real estateThe hidden costs that ate into my profi...
Rental Property Debt: When to Pay Off vs When to Buy More Properties
Passively Rich with Rentals
14 minutes
4 weeks ago
Rental Property Debt: When to Pay Off vs When to Buy More Properties
Should you pay off your rental properties or use that cash to buy MORE? This is THE question I get from clients constantly—especially Dave Ramsey followers who are terrified of debt. In this episode, I'm breaking down: My personal Real Estate Snowball strategy (how I'm paying off 10+ properties in 7-8 years)The "lazy equity" trap that's costing investors millionsReal math: How 1 paid-off property can become 4 properties worth $1M in 10 yearsWhen to be in the "buy, buy, buy" phase vs the "pay ...
Passively Rich with Rentals
I flipped 20 houses out of state and made decent money...but I'll never do it again. Between contractor nightmares, holding costs, and market timing stress, flipping became a full-time job with inconsistent income. In this episode, I'm sharing 3 STEPS of what I'd do differently if I were starting over today. You'll Learn: The 5 biggest mistakes I made flipping 20 houses long-distanceWhy fix-and-flip is the HARDEST way to build wealth in real estateThe hidden costs that ate into my profi...