286: Rookie Reply: Real Estate "Travel Hacks" We Use to Score FREE Vacations
Using your real estate business to fund your DREAM vacation—with all or most expenses paid!? As a real estate investor, handling large amounts of money for materials, rehabs, and other expenses has its benefits. Today, we’re excited to talk about a simple but clever debt strategy that real estate rookies often overlook.
Welcome back to another Rookie Reply! If you’re looking to take advantage of the many benefits of real estate investing, tune in as Tony and Ashley share how they use credit cards to travel hack their way to luxurious, five-figure vacations each year! We also talk about when you should and shouldn’t use a HELOC to help fund an investment property. Ever wondered how you should use the money from cash-out refinancing? Our hosts cover some of the limitations you may encounter. Finally, Ashley and Tony discuss their top investing analysis strategies in 2023 and how to choose the best one for you!
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
In This Episode We Cover
How to leverage real estate debt the right way (and fund your DREAM vacation!)
When you should and shouldn’t use a HELOC for an investment property
New investing analysis strategies we’re using in 2023
Why you should say “no” more often than “yes” when choosing an investing strategy
All about cash-out refinancing (and what you can use the money for!)
How to find the best investor-friendly real estate agents in your area
And So Much More!
Links from the Show
Book Mentioned in the Show:
Real Estate by the Numbers by J Scot and Dave Meyer
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-286
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