3 Types of Rentals That STILL Make You Rich

In this episode of the BiggerPockets podcast, Dave Meyer is joined by Henry Washington, Kathy Fecke, and James Daynard to discuss recent investment properties they've purchased. Henry talks about a low-cost, high-potential single-family home riddled with spiders that he plans to renovate and use as a short-term rental with a golf simulator. Kathy shares a story about helping her daughter invest in a new construction home in North Dallas, highlighting the benefits of buying in growing suburban areas. James details a creative strategy in Seattle involving a two-bedroom property on a large lot, where he plans to renovate the existing house, sell it, and then build a new house in the backyard to create equity for a future fourplex investment. The hosts debate the relatability and potential of each deal, ultimately voting on which investment strategy they would pursue.