#369: Should I Buy More Rentals or Pay Off Debt? (Here's What I Did) episode artwork

EPISODE · Nov 11, 2024 · 49 MIN

#369: Should I Buy More Rentals or Pay Off Debt? (Here's What I Did)

from Real Estate Investing with Coach Carson · host Chad Carson

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm 🎙️ Episode #369 – Trying to decide between buying more rentals or paying down debt to reach financial freedom? I'll share my own story of facing this BIG choice, along with insights from one of the wisest investors I know, Erion Shehaj, who's tackling the same question. Find out which path could be right for you! ▶️ Next Episode: How Much Tax I Paid When I Sold a Rental Property https://youtu.be/SgNXl8eqa2U 📄 Show Notes: https://www.coachcarson.com/rentalsvsdebt/ 🎬 Timestamps: 0:00 - Pay off debt or keep growing? 0:43 - 3 stages of a rental property 6:12 - How to know when you've won the game? 9:16 - Erion's personal journey + blueprint for investing 14:07 - Transitioning from the growth to harvesting phase 19:33 - Planning from a mini harvester phase vs going all in 23:27 - The planning phase 33:54 - Finding a balance in investing 41:46 - Chad's recommendation for increasing cash flow 43:04 - When to transition to the next investing phase 48:14 - Connect with Erion 49:20 - How Much Tax I Paid When I Sold a Rental 🔗 Connect with Erion Shehaj: • Website: https://investingarchitect.com/ • Instagram: https://www.instagram.com/investingarchitect/ -------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod  🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com  👋 Connect with Me: 📸 https://www.instagram.com/coachchadcarson   👍 https://www.facebook.com/coachchadcarson   🐦 https://twitter.com/CoachChadCarson  💰 DealMachine – Software to help you buy more real estate deals:  https://www.coachcarson.com/dealmachine

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#369: Should I Buy More Rentals or Pay Off Debt? (Here's What I Did)

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