How do you get started in house hacking? There’s several strategies for brand new investors getting started and the biggest investors in the industry looking to pocket some serious change and save a buck or make an extra buck.

Today, Clint Coons of Anderson Business Advisors talks to Kelton Todd with Women's Real Estate Investor Network. Also, Kelton is co-owner of Todd Team Investments.

Whether mentoring one-on-one or delivering a keynote presentation, there is one word that describes Kelton’s goals—results. Kelton inspires others to take action and change the direction of their lives through creating their own financial freedom. He is now offering Empire Academy, a fully comprehensive, results-oriented real estate investing education program.

Highlights/Topics:

College Roommate Strategy: Buy a house, live rent-free in bedroom, rent out the rest

Vacation Home: Rent out just a bedroom or entire place temporarily to generate revenue

Challenges: Look out for drugs, parties, and things like that in college towns

Relationships: Know if you can live with person; different personalities create conflict

American Dream Strategy: Buy property using government-backed loans with little down

FHA: Via same loan process, acquire duplex, triplex, or quadplex and rent out other units

Women's Real Estate Investors Network: Good foundation, education, understanding

Ultimate Empire Builder Strategy: Buy something small and turn it into something big

Moving Up: You become the Joneses that everyone’s trying to keep up with

Risks: You must be willing to take some risk to make money—inflation isn't slowing down

Resources:

Women's Real Estate Investors Network

https://womensrein.com/

Women's Real Estate Investors Network Terms of Use

https://withoutfearofherfuture.com/

Airbnb

https://www.airbnb.com/

VRBO

https://www.vrbo.com/

HomeAway

https://homeaway-com.com/

26 U.S. Code 121 Exclusion

https://www.law.cornell.edu/uscode/text/26/121

Clint Coons

https://andersonadvisors.com/clint-coons/

Anderson Advisors

https://andersonadvisors.com/

Anderson Advisors on YouTube

https://www.youtube.com/channel/UCaL-wApuVYi2Va5dWzyTYVw