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27. Protecting Yourself From The Downsides Of Real Estate By House Hacking with Bradley LaBrie
Manage episode 291274117 series 2919954
Click here to download our FREE eBook
The House Hacking Success Course
Bradley opens up in today's podcast about the things that have gone wrong in his landlording journey, but how House Hacking ultimately provides a hedge against the downsides a lot of property investors have!
Find out how he dealt with a Christmas night call about the sewer backing up, having a neighbors tree fall on his 4-unit property, and the other issues he's had.
But he ultimately concludes that these minor hiccups are apart of the journey and well worth it on the path to Financial Freedom!
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:
@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.
71 эпизодов
Manage episode 291274117 series 2919954
Click here to download our FREE eBook
The House Hacking Success Course
Bradley opens up in today's podcast about the things that have gone wrong in his landlording journey, but how House Hacking ultimately provides a hedge against the downsides a lot of property investors have!
Find out how he dealt with a Christmas night call about the sewer backing up, having a neighbors tree fall on his 4-unit property, and the other issues he's had.
But he ultimately concludes that these minor hiccups are apart of the journey and well worth it on the path to Financial Freedom!
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:
@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.
71 эпизодов
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