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Episode #1173 Join the Future of Real Estate Investing with Fundrise: https://fundrise.com/pockets Watch Garrett on BiggerStays! https://www.youtube.com/@BiggerStays Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Dave’s Book, “Start with Strategy”: https://store.biggerpockets.com/products/start-with-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Build-to-Rent: A Pathway to Long-Term Growth and Stability for Investors: https://www.biggerpockets.com/blog/build-to-rent-is-a-pathway-to-long-term-growth-and-stability-for-investors?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Garrett: https://www.biggerpockets.com/users/garrettbrownre?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none You’ve built up (or are about to build) a rental portfolio, but something is telling you it’s time to pivot. Maybe you’ve gone too far into one strategy, like owning eight short-term rentals. Or you’re seeing new build-to-rent properties with low prices, low maintenance, and low interest rates, and thinking “hmm…that seems like a good deal.” How do you know when to stay on course with your original plan or pivot to something greater? Which will get you financial freedom faster (and safer)? This is a dilemma that you’re probably facing, and if you aren’t right now, you will. Garrett Brown is facing this conundrum head-on. He’s spent years building a real estate portfolio, but he’s deep in the vacation rental realm. He wants a safer, more passive, less time-intensive way to diversify his portfolio, so what should he do? He’s got three options: buy a small multifamily rental, buy another short-term rental in a different part of town, or take advantage of new-build properties with price cuts and significant builder concessions. These are options that are probably open to you right now, and we’re about to show you which makes the most money, which has the least stress, and which is the best for real estate diversification. 0:00 Intro 2:08 When to Pivot Strategies 4:04 Financial Freedom Timeline 5:03 Option 1. Long-Term Triplex 12:42 Sponsor: Fundrise! 12:53 Option 2. Downtown Airbnb 18:40 Option 3. Build-to-Rent Properties 29:05 Best Investment? 32:40 Connect with Garrett!
