#467: Should I pay down debt or buy more rentals? (Best of CC)

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm

 

🎙️ Episode #467 - 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.

 

📑 Show Notes: https://www.coachcarson.com/paydownorbuymore/

 

🎬 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

 

🔗 Connect with Erion: 

• Twitter: https://twitter.com/investarchitect

• Website: https://www.signaturehouston.com/

• LinkedIn: https://www.linkedin.com/in/erionshehaj/

___________________________________________________

💵 Need Investor-Friendly Financing?

 This is who I trust → https://www.coachcarson.com/bryan

 

💰 Invest in real estate with your retirement account → https://coachcarson.com/heritage-pod

 

🏠 TurboTenant – Streamline Your Property Management for Free: https://www.coachcarson.com/turbotenant

📱 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-pod