#369: Should I Buy More Rentals or Pay Off Debt? (Here's What I Did)
Real Estate Investing with Coach Carson
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Show Notes
⭐ 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
📄 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
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🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine