What’s the “right” way to build your real estate portfolio? After taking down your first rental property, you might be thinking, “Should I pay off my mortgage or buy more properties?”. One option could help you sleep better at night, while the other could help you build wealth much faster. Find out where we stand in today’s episode!
Welcome back to another Rookie Reply! Today, Tony and Ashley are digging through more of your recent real estate-related questions. First, we’ll discuss paying off your mortgage versus using that money to buy more rental properties. After that, we’ll compare the pros and cons of FHA loans and show you an easy way to estimate closing costs. We’ll also cover some other low-money-down loans that you may have never heard of! Finally, are you struggling to fill vacant units? Tired of apartment tour no-shows? Stay tuned because we’ve got a strategy that makes “serious” applicants stick!
0:00 Intro 0:55 Paying Off Rentals 13:15 FHA Loans 101 23:46 Filling Vacancies 30:14 Ask Your Question!
