610: Live Takes: The 5,000 Mile Away BRRRR (REALLY Long-Distance Investing)

<p><a href="https://www.biggerpockets.com/blog/build-buy-renovate" rel="noopener noreferrer" target="_blank"><strong>Building a house vs. buying a house</strong></a>—which makes more sense for today’s investor? With <strong>home prices rising</strong> faster than many of us have ever seen before, more and more real estate investors are asking whether or not building their rentals is a smarter idea. And who can blame them? <strong>Building a rental property</strong> can seem like a great way to <strong>minimize acquisition costs</strong>, but this is only true in certain circumstances, which many investors just won’t fit into.&nbsp;</p><p>Welcome to <strong>Live Takes</strong> where <strong>Henry Washington</strong>, investor and <a href="https://www.biggerpockets.com/blog/contributors/on-the-market-podcast" rel="noopener noreferrer" target="_blank"><em>On The Market</em></a><em> </em>guest host, joins David Greene for a live real estate Q&amp;A. David and Henry invite four investors onto the show today to talk about each of their <strong>passive income predicaments</strong>. These topics include buying vs. building a home, <strong>how to get out of a bad BRRRR</strong>, whether or not it’s <strong>too late in life to invest in real estate</strong>, and how to <strong>invest out-of-country</strong>.</p><p>Want to ask David a question? If so, <a href="http://biggerpockets.com/david" rel="noopener noreferrer" target="_blank"><strong>submit your question here</strong></a> so David can answer it on the next episode of Seeing Greene or Live Takes. Hop on the <strong>BiggerPockets forums</strong> and ask other investors their take, or <a href="https://www.instagram.com/davidgreene24/?hl=en" rel="noopener noreferrer" target="_blank"><strong>follow David on Instagram</strong></a> to see when he’s going live so you can hop on a live Q&amp;A and get your question answered on the spot!&nbsp;</p><p><strong>In This Episode We Cover</strong></p><p><strong>Buying vs. building rental properties</strong> and which decisio