535: Keep, Refi, or Sell and Scale? | Live Portfolio Analysis

<p>It has finally been decided. In the eyes of bidders at<strong> BPCon’s 2021 Coaching Call Auction</strong>, <strong>David Greene is worth more than Brandon Turner.</strong> Yes, that’s right, our beloved host who can turn any jiu-jitsu metaphor into a real estate lesson got the highest bid! The bidder? Long-time investor and rookie to commercial investing, <a href="https://www.instagram.com/yellowsquare_properties/" rel="noopener noreferrer" target="_blank"><strong>Carla Holmes</strong></a> from <a href="https://yellowsquarehomes.com/" rel="noopener noreferrer" target="_blank">Yellow Square Properties</a>.</p><p>Carla has been cautious with her real estate investing and <strong>never took on debt</strong> after she<strong> went through </strong><a href="https://www.biggerpockets.com/blog/2013-03-22-how-to-buy-a-foreclosure" rel="noopener noreferrer" target="_blank"><strong>foreclosure</strong></a> during The Great Recession. Now, she sits on <strong>over a million dollars in equity</strong>, spread across multiple properties in the Carolinas. Her recent acquisition is a <strong>4.5-acre </strong><a href="https://www.biggerpockets.com/blog/overlooked-commercial-investments-real-estate" rel="noopener noreferrer" target="_blank"><strong>commercial property</strong></a> that she’ll convert into a parking lot for big rigs in her area.</p><p>Since this is a brand new real estate class she’s entering into, Carla wants to be absolutely sure she’s crossing all her t’s and dotting her i’s. <strong>David walks her through a live analysis</strong> going over the hurdles, work, expenses, and income that this property will bring in. He also helps Carla debate whether<strong> selling, </strong><a href="https://www.biggerpockets.com/blog/refinance-mortgage" rel="noopener noreferrer" target="_blank"><strong>refinancing</strong></a><strong>, or keeping</strong> her current properties is best based on her <strong>one-year financial independence goal</strong>.</p><p><strong>In This Episode We Cover:</strong></p><p><a hre