932: Seeing Greene: When NOT to Build an ADU and How to Invest $300K

How does a HELOC work? Can you use one to start investing in real estate when you’re low on cash? And, if you do decide to go the rental property investing route, how do you ensure you’ll retire a millionaire ? If these questions have been keeping you up at night, worry not; David and Rob’s real estate wisdom is about to make those early retirement and financial freedom dreams a reality. Welcome back to another Seeing Greene . As always, your expert investor co-hosts, David Greene and Rob Abasolo , are here to answer any and every real estate investing question you have. First, we answer, "I s an ADU (accessory dwelling unit) EVER worth building?" With the sky-high construction and labor costs, do these tiny homes make more sense now than ever? Next, we’ll break down how a HELOC (home equity line of credit) works , then David and Rob explain how they’d invest $300K in TODAY’s market and counsel a landlord/broker on how to retire a millionaire with real estate . Want to ask David a question? If so , submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he’s going live so you can jump on a live Q&A and get your question answered on the spot! In This Episode We Cover: When (and when NOT) to build an ADU (accessory dwelling unit) on your property HELOC (home equity line of credit) interest rates explained and when to open one How David and Rob would invest $300K in today’s housing market How to use home equity and a SMALL real estate portfolio to retire a millionaire What to do when your long-term tenant NEVER signed a lease Portfolio architecture 101 and the huge benefit of paying off your rental properties And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Join BiggerPockets for FREE Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Ask David Your Real Estate Investing Question David's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's X/Twitter Rob's YouTube BiggerPockets' Instagram Listen to Our Sister Podcast, “On the Market” Forum Post: Buying a property where tenant does not have a lease Episode 919: How to Use Real Estate to Quit the 9-5 Grind Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-932 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices