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The House Hacking Success Course
Questions asked in this episode:
-Do you advise getting a move-in-ready house hack or rehab it and do the BRRRR House hack?
-I was wondering, do you use a specific account to store your cap-ex, vacancy, maintenance, and management costs?
-Is the cash flow strategy possible in an expensive market?
- How can I put less money down on an FHA loan?
Links:
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
When you make the decision to House Hack, you will need to evaluate how high of risk tolerance and what level of real estate knowledge you have!
The debate between a move-in ready house hack and a fixer upper can be a difficult one to decide on.
Today's podcast focuses on the upside of a fixer upper to the ease into landlording a move in ready property provides!
Which one is best for you? You'll want to listen to find out for yourself!
Join us for this amazing, jam-packed episode!
Free House Hacking eBook!!
5 Reasons You Should Househack!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
In today’s podcast, we have a titan of the House Hacking movement on to share everything he’s learned during his journey! From living behind a curtain in his first House Hack to becoming the author of BiggerPocket's book “The House Hacking Strategy,” Craig Curelop’s story will inspire you and fill you with a ton of valuable information!
If you want to know anything and everything involved in your first House Hack, we talk about it!
We talk about what it has done for him and how it’s dramatically altered his financial freedom journey! We talk about his early journey trying his hand as a venture capitalist and trying to reinvent the wheel by creating start-ups which led to him becoming a real estate investor!
What You’ll learn:
• How 90% of real estate investors start out house hacking
• Why PMI is a great thing!
• Why reinventing the wheel is not required to become a millionaire!
• How Craig got started
• The sacrifice it took to get where he’s at today!
• His lessons taken away from a disaster BRRRR in Jacksonville
• How he runs his numbers on House Hacks
• And so much more!!
Join is as we talk all things House Hacking and how you can too!
Links:
Craig:
House Hacking Strategy by Craig Curelop
PMI Isn't All Bad - Blog Post
Cozy.co
Craig's Instagram: @thefiguy
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUS
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Questions covered in this episode:
- I'm interested in the FHA and 203k loan. I have a full-time job and tired of wasting money on rent. How do I start?
-How do you refinance your FHA loan and convert so you can repeat the FHA loan again and buy another duplex?
- How do I run numbers and evaluate deals?
- What strategies are out there for buying my first SFR for my family using an FHA, but then doing a refi into a 30 yr loan to lower the payments
-Not sure if Airbnb is possible in LA or SF where not only the market is expensive but also Airbnb restrictions require owner occupancy and you have kids.
Links:
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Personal finances and budgets are two avoided words in the English language. But we want to help you grow your wealth and it starts with how you train your mind to understand money!
In this episode, we aim to give you practical advice to improve your credit and work your way towards house hacking and changing your financial position and the financial future of your family!
Learn how the credit companies report your credit and how you can clean it up! As well as hear Bradley's personal financial philosophy of merging the altering money views of Financial Guru's Dave Ramsey and Robert Kiyosaki!
Join us for this amazing, jam-packed episode!
Links:
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
In this episode, Travis talks about how he discovered house hacking on accident and through it became an Airbnb super host. He also talks about his Airbnb systems and how he's developed 7 streams of income.
Links:
Instagram: @theyoungretireeby33
Website: theyoungretireeby33.com
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
In our first episode of Ask House Hacking Success, we cover some great questions! To have your questions answered, email us at [email protected]
Today's Questions:
-How much should you save for a down payment?
-Would you recommend a BRRRR method in expensive markets but instead of just renting your house hack?
-How would you switch from owning a multi-family with an FHA loan to owning it as an investment property?
-How can I get into a multi-family house as a first-time homebuyer? Step by step.
-How can I get down payment assistance and grants?
-After you find the property, then what?
Links:
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Starting out in real estate presents a lot of challenges along the way! Presenting offers, running numbers, looking for issues on properties and dealing with contracts can be overwhelming!
Luckily for us, investor-friendly agents can help us out tremendously! And the best part is we don't have to pay them! The sellers do.
There is no truer statement than "rockstars hangout with rockstars." If you find a great investor-friendly agent, they will show you through the entire process and introduce you to the other awesome members of your team!
Tune into today's podcast and learn all about it!
Links:
Resources:
5 Reasons You Should Househack!
10 Ways to Finance Your Househack!
Using Facebook as a Real Estate Resource!
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Andrew Kerr is a very experienced house hacker. He has house hacked 4 times and combined the BRRRR strategy with house hacking twice. He even kept one of his house hacks as a vacation home!
Links:
fybyrei.com
Instagram: @fybyrei -- @thehousehackingpodcast
Facebook: FI by REI -- The House Hacking Podcast
Twitter: @fibyrei
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
Click here to download our FREE eBook
The House Hacking Success Course
Mark McMahon brings a ton of investing knowledge to this episode! He is a successful investor from the west coast.
He talks about topics such as finding private investors, how to use a 1031 exchange to get a bigger property, and more!
Links:
Follow Mark's Socials:
Mark's Instagram: @mark_mcmahon_real_estate
Mark's YouTube
Follow us on Instagram:
@househackingsuccess
@bradleylabrie
@drewklingstrikes
Visit our website at househackingsuccess.com
To join our email newsletter text HOUSEHACK to 22828!
Visit our website to learn more about house hacking at househackingsuccess.com
Subscribe on YouTube
House hacking is one the best ways to get started in real estate. So many investors have used house hacking to buy their first rental property with a low down payment, then even live rent free. You can live rent free because the with house hacking you utilize an "owner occupied" loan to buy a property. Owner occupied means you agree to move into it. If you occupy the property you get a lot of loan options that vary from 0-5% down. You can even buy a 4-unit multi-family property depending on the loan! After you move in you rent out the extra space to cover the mortgage, which allows you to live rent free. You only have to do that for a year! After a year you can move out and turn your property into a full time cash flowing rental property! What makes house hacking so powerful is a combination of the low down payment and living for free. You can literally change your life buy purchasing one house hack and cutting out your rent or mortgage. Imagine if you reinvested those savings to buy another property. House hacking is the best way to go from just getting by to becoming a rock star real estate investor.
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