This week we’re traveling to Florida to learn how Kyra went from paying $1,100 to rent an apartment to now generating income while owning her own house!

It all started when Kyra and her husband had a child, so naturally, they decided to start looking for houses to live in. She knew that she did not want her child going to a daycare, so she knew she would need to find a multi-family home so someone in the building could potentially watch her child if needed. Kyra and her husband came across the idea of house hacking, and they realized this would allow Kyra to stay home to watch her child. Soon enough, Kyra found a series of duplexes being sold by the same person and decided it was the perfect property to lockdown. They eventually bought another one of these duplexes to rent it out, which allowed Kyra and her husband to build up a savings account as the child got older. Saving up for a child’s college fund could be hard, but with house hacking, Kyra made it very possible.

Listen to the full story and find out how Kyra and her husband used house hacking to change their financial future for the better.

For more information on this episode and guest, you can check out the show notes at https://fibyrei.com/S1E19

 

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You can check out the best way to learn about real estate investing, and house hacking at https://fibyrei.com/learn

 

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Check out the Ultimate House Hacking Guide Article. https://fibyrei.com/hhguide

 

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The House Hacking Podcast is brought to you by FI by REI, whose goal is to help you achieve financial independence through real estate investing. https://fibyrei.com/