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

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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 property 

HELOC (home equity line of credit) interest rates explained and when to open one

How David and Rob would invest $300K in today’s housing market

How 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 lease

Portfolio architecture 101 and the huge benefit of paying off your rental properties 

And So Much More!

Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932

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