Analyze your rental portfolio instantly with Property Llama: https://propertyllama.com/bp
If you aren’t doing this with your rental property, you could be throwing money away every single month. We’re not talking about raising rents, adding extra units, or going back in time to when rates were three percent. Instead, we’re talking about using your home equity to make more money than you ever imagined. But before we show you how, you’ll need to know about ROE.
Chris Lopez is back on BiggerPockets to show you how ROE (return on equity) can help you reach financial freedom even faster. In this video, Chris will walk through a rental property that isn’t doing poorly but could be doing much better. In just minutes, Chris finds a way to turn this underperforming rental property into a 20%+ return investment. How did he do it, and how do you do the same with YOUR rental portfolio? Stick around and find out!
Calculate ROE in seconds with Property Llama: https://propertyllama.com/bp
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Achieve Financial Freedom 4x Faster with the “ROE Rule” of Real Estate:
https://youtu.be/1uN6feyEoH8?si=IgrzGWcUX6y_5tL6
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Should You Refinance or Sell Your Investment Property?
https://www.biggerpockets.com/blog/refinance-or-sell-investment-property?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Chris on BiggerPockets:
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Follow Chris on Instagram and YouTube:
Chris: @chrislopez_co or https://www.instagram.com/chrislopez_co/
YouTube: https://www.youtube.com/@BuildingWealthWithRealEstate/
00:00 Keep, Sell, Or Refi?
00:44 Sponsor: Property Llama!
01:31 Turning $25K into $1M+
02:27 Step 1. Analyze Your Rental Property
06:48 Step 2. Examine Opportunity Cost
07:32 Option 1. Keep the Property
08:28 Option 2. Cash-Out Refinance
10:18 Option 3. Sell and Buy Something Else
12:18 The Best Option?
13:54 Look At Your Rentals NOW