BiggerPockets Money Podcast

Which Path to Financial Independence Is Faster? Sell or Rent?


Listen Later

Should you turn your primary home into a rental property or sell it when you move? It's one of the biggest financial decisions homeowners face, and in this episode, Mindy Jensen and Scott Trench are helping Alyssa and John figure out the answer.

This couple is relocating and facing a dilemma: they have a home with a low mortgage rate that could generate rental income, but they're also craving simplicity and wondering if selling would accelerate their path to financial independence. Alyssa and John open up about their complete financial picture, investment portfolio, and long-term FI goals as Scott and Mindy crunch the numbers and weigh the options.

This Episode Covers:

  • The financial pros and cons of converting your primary residence into a rental property

  • How to analyze rental property cash flow and return on investment

  • Tax implications of selling vs. renting out your home

  • The impact of low mortgage rates on the rent vs. sell decision

  • Lifestyle considerations: being a long-distance landlord and property management challenges

  • How rental income affects your path to financial independence

  • Real numbers breakdown: Alyssa and John's complete financial analysis

  • Property management costs and whether DIY landlording is worth it

  • How to make smarter real estate decisions during major life transitions

    And SO much more!

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    ...more
    View all episodesView all episodes
    Download on the App Store

    BiggerPockets Money PodcastBy BiggerPockets

    • 4.5
    • 4.5
    • 4.5
    • 4.5
    • 4.5

    4.5

    2,959 ratings


    More shows like BiggerPockets Money Podcast

    View all
    Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

    Afford Anything | Make Smart Money Choices

    3,565 Listeners

    BiggerPockets Real Estate Podcast by BiggerPockets

    BiggerPockets Real Estate Podcast

    16,749 Listeners

    Money Guy Show by Brian Preston and Bo Hanson

    Money Guy Show

    3,242 Listeners

    The Stacking Benjamins Show by Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

    The Stacking Benjamins Show

    2,000 Listeners

    Your Money, Your Wealth by Your Money, Your Wealth

    Your Money, Your Wealth

    816 Listeners

    ChooseFI | Financial Independence Podcast by ChooseFI

    ChooseFI | Financial Independence Podcast

    5,156 Listeners

    Earn & Invest by Jordan Grumet (Doc G)

    Earn & Invest

    451 Listeners

    BiggerPockets Business Podcast by BiggerPockets

    BiggerPockets Business Podcast

    694 Listeners

    Real Estate Rookie by BiggerPockets

    Real Estate Rookie

    1,819 Listeners

    The Personal Finance Podcast by Andrew Giancola

    The Personal Finance Podcast

    1,435 Listeners

    BiggerPockets Daily by BiggerPockets

    BiggerPockets Daily

    319 Listeners

    PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

    PassivePockets: The Passive Real Estate Investing Show

    132 Listeners

    All the Hacks: Money, Points & Life by Chris Hutchins

    All the Hacks: Money, Points & Life

    1,615 Listeners

    Mile High FI Podcast by Doug Cunnington & Carl Jensen

    Mile High FI Podcast

    205 Listeners

    On The Market by BiggerPockets

    On The Market

    901 Listeners

    Catching Up to FI by Bill Yount & Jackie Cummings Koski

    Catching Up to FI

    357 Listeners

    The BetterLife Podcast by Brandon Turner and Cam Cathcart

    The BetterLife Podcast

    848 Listeners

    The David Greene Show by David Greene

    The David Greene Show

    706 Listeners