Can’t figure out how to buy multiple rental properties a year with your current income? Wondering whether you should get rid of your student loans before buying your next property? Maybe your market is too expensive, so is it time to go out of state instead? These are some of the most common questions we see on the BiggerPockets Forums, and today, we’re answering them so you can get to your next rental(s) faster, even if you’ve got debt and even if your home market is too expensive.First, we’re explaining when and why we buy properties without ever seeing them in real life. Isn’t that a huge risk? Yes—if you do it the wrong way. Next, should you invest out-of-state if your home market is too expensive, and if you decide to do so, what should you know BEFORE buying a property well outside driving distance? Want to scale faster? We’re discussing purchasing multiple rental properties a year and when it’s time to grow your real estate portfolio.Got student debt? You’re not alone! Henry had his student loans until recently and still heavily invested in real estate. But, if your interest rate crosses a certain threshold, we’d definitely recommend reconsidering real estate investing. Stay tuned; we’ll share when your debt is too much to invest. Join BiggerPockets Momentum 2025 to supercharge your investing this year!
In This Episode We Cover:How to buy multiple rental properties a year and when it’s time to scale Paying off debt vs. investing and whether six-figure student loans are stopping youBuying rentals sight unseen, the risks, and why we do it under certain circumstancesOut-of-state investing 101 and signs it’s time to leave your home market to invest elsewhereKeeping vs. selling a negative cash-flowing rental property (and when to hold for equity)And So Much More!
Links from the ShowJoin BiggerPockets for FREELet Us Know What You Thought of the Show!Ask Your Question on the BiggerPockets ForumsBiggerPockets YouTubeGrab Dave’s New Book, “Start with Strategy”Get Fully Customizable Insurance Coverage for All Phases of Occupancy on One Monthly Schedule and Bill with NREIGSign Up for BiggerPockets Momentum 2025 to Supercharge Your Investing This YearProperty Manager FinderAsk Your Question on the BiggerPockets ForumsConnect with HenryConnect with Dave
(00:46) Buy Rentals Sight Unseen? (06:03) Out-of-State Investing 101(10:59) Ask Us Questions LIVE! (12:37) Buy 2 Rentals in 1 Year? (16:12) Invest While in Debt?(21:46) Keep Negative Cash Flow Property?(27:03) Post Your Question!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1070Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.Learn more about your ad choices. Visit megaphone.fm/adchoices
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