651: Seeing Greene: Recession Risks, Renting to Family, & Scaling Your Portfolio
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
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 BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast 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 David's BiggerPockets Profile David's Instagram 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 Avery's BiggerPockets Profile Craig's BiggerPockets Profile Matt's BiggerPockets Profile Ashley's Instagram: @wealthfromrentals Avery's Instagram: @theshorttermshop Craig's Instagram: @thefiguy Matt's Instagram: @themattfaircloth Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-651 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices