• #338: Should I pay down debt or buy more rentals?

  • Apr 8 2024
  • Durée: 17 min
  • Podcast
Page de couverture de #338: Should I pay down debt or buy more rentals?

#338: Should I pay down debt or buy more rentals?

  • Résumé

  • ⭐ Join Rental Property Mastery, my coaching & learning community: http://coachcarson.com/rpm

    🎙️ Episode #338 – The age-old question of: should you keep acquiring properties or shift gears to pay down existing debt? Coach and Erion talk you through the nuances of this decision, exploring key milestones, income goals, and lifestyle considerations to help you navigate your unique path to financial freedom.

    📑 COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/paydownorbuymore/

    🔗 Connect with Erion

    • Erion's Twitter: https://twitter.com/investarchitect

    • Erion's Website: https://www.signaturehouston.com/

    • Erion’s LinkedIn: https://www.linkedin.com/in/erionshehaj/

    🎬 TIMESTAMPS:

    00:00 - Buy a New Property or Pay Down Debt?

    00:18 - Join my exclusive community

    00:50 - When to Start Paying Off Debt?

    03:35 - Real Estate as a Source of Income

    04:53 - When to Focus on Income

    05:37 - Maximizing Return vs. Income

    09:12 - Investing to Achieve Financial Goals

    12:12 - The Importance of Long-Term Thinking

    12:36 - Setting Investment Income Goals

    16:17 - How to Connect with Us

    16:34 - How to Pay Off Rental Property Debt Quickly

    ________________________________________

    ⚒️ Get my FREE Real Estate Investor Toolkit:

    https://www.coachcarson.com/toolkit-yt/

    🖥️ My Real Estate Courses: https://courses.coachcarson.com

    • 30 Days to a Better Rental Investor

    • Creative Financing for Real Estate Investors

    📚 My Books:

    📘 The Small & Mighty Real Estate Investor:

    https://www.coachcarson.com/smallandmighty

    📙 Retire Early with Real Estate:

    https://www.coachcarson.com/retirementbook

    💰 DealMachine - Software to help you buy more real estate deals:

    https://www.coachcarson.com/dealmachine-YT

    ✅ Subscribe for more videos about real estate investing:

    https://www.youtube.com/user/CoachChadCarson?sub_confirmation=1

    👋 Connect with me:

    📸 https://www.instagram.com/coachchadcarson

    👍 https://www.facebook.com/coachchadcarson

    🐦 https://twitter.com/CoachChadCarson

    🌐 For everything else: http://www.CoachCarson.com

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