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cover of episode How Many Rental Properties Do You Need to Quit Your Job? (Rookie Reply)

How Many Rental Properties Do You Need to Quit Your Job? (Rookie Reply)

2024/12/6
logo of podcast Real Estate Rookie

Real Estate Rookie
AI Deep Dive AI Chapters Transcript
People
G
Garrett Brown
专注于短期租赁和房地产翻新的房地产投资专家，常常实现20%或更高的回报率。
T
Tony Jay Robinson
Topics
Garrett Brown 认为投资组合多元化取决于个人目标。如果投资者在短期租赁方面已经建立了良好的系统和运营，可以考虑进一步扩展，但同时也不排除将长期租赁纳入投资组合以实现多元化，特别是如果长期租赁市场更有升值潜力的话。他认为，如果投资者在短期租赁方面已经建立了完善的系统和运营，那么继续扩展短期租赁可能比从零开始或从少量物业开始更容易。投资组合多元化可以结合现金流和升值两种收益模式。 Tony Jay Robinson 认为投资组合多元化的方法有很多，不局限于投资不同类型的资产，也可以在同一资产类别内进行多元化，例如投资不同地区的短期租赁物业。他认为决定是否辞去全职工作，专注于房地产投资，需要考虑税收影响。决定是否辞去全职工作取决于个人目标和风险承受能力。在辞去全职工作之前，需要确保有足够的储备资金以应对风险，并给自己留出足够的时间来评估房地产投资的收益情况。要评估最坏的情况，并确保即使投资失败，也能维持生活。要确保房地产投资的现金流能够满足生活需求，并预留一定的缓冲资金。要确保房地产投资的现金流能够超过生活支出，并预留一定的缓冲资金。

Deep Dive

Chapters
A discussion on whether to diversify a short-term rental portfolio into long-term rentals and considerations for transitioning from a W2 job to full-time real estate investing.
  • Diversification depends on personal goals and market conditions.
  • Transitioning to full-time real estate requires sufficient financial runway and understanding of cash flow.

Shownotes Transcript

Many people invest for appreciation. Others invest for tax benefits. But some investors want enough monthly cash flow) to replace their W2 income and help them quit their nine-to-five jobs. When can you go full-time with real estate investing)? How many rentals do you need? Stay tuned!

Today, Tony and co-host Garrett Brown are diving into the BiggerPockets Forums, and our first question comes from someone who has launched six vacation rentals in just five years. Should they diversify their portfolio)? Are they ready to become full-time investors? We’ll share our thoughts! We’ll also hear from someone who’s thinking about selling an equity-rich property to pivot to short-term rentals) in the Midwest. Listen in as we show them how to choose a market and set up their Airbnb business. But that’s not all. One investor has bought a rental property) that is already booked months in advance. Can they cancel those bookings? Raise their** nightly rates**? Stick around to find out!

Looking to invest? Need answers? Ask your question on the BiggerPockets Forums)!

In This Episode We Cover:

When to leave your W2 job to focus on real estate investing full-time

How to diversify your real estate portfolio without changing your strategy

When to sell your rental property and tap into your home equity)

The top factors to consider when analyzing a short-term rental market

How to manage your **vacation rental portfolio **in five hours per week (or less!)

And **So **Much More!

Links from the Show

Ashley's BiggerPockets Profile)

Tony's BiggerPokckets Profile)

Join BiggerPockets for FREE)

Real Estate Rookie Facebook Group)

Real Estate Rookie YouTube)

Ask Your Question on the BiggerPockets Forums)

Pre-Order the Book “Smarter Short-Term Rentals”)

Find an Investor-Friendly Agent in Your Area)

Real Estate Rookie 297 – Traveling the World Thanks to One $6,500/Month Rental Property)

Connect with Garrett)

Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-493)

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]).

Learn more about your ad choices. Visit megaphone.fm/adchoices)