Dan Sheeks joins the show to share how house hacking in his 40’s brings in an extra $12,000 a year.
Listen to the full episode here: https://www.youtube.com/watch?v=hGzkZQY1I4w?sub_confirmation=1
To learn how to make a full-time income while investing in real estate part-time, check out our website's 250+ free articles, case studies, and videos.
#realestateinvesting101 #realestateinvestingeducation #realestateinvestingtips #realestateinvestingforbeginners #realestateinvestor #househackingpodcast #househacking
Save on your monthly bills, build equity, and generate passive income as you invest in real estate. House hacking is the process of collecting rent from tenants who use a portion of a property. You can use those funds to cover your mortgage more quickly, freeing up cash flow to explore other investment opportunities.
To learn how to make a full-time income while investing in real estate part-time, check out our website's 250+ free articles, case studies, and videos.
#realestateinvesting #realestateinvesting101 #realestateinvestingeducation #realestateinvestingtips #realestateinvestingforbeginners #realestateinvestor #househackingpodcast #househacking
We want to hear your House Hacking story
We are recording the fourth season of the House Hacking Podcast and looking for more great stories to share. If you have done a house hack and willing to share your story, give me a shout!
We want to hear YOUR #househacking Story. If you have done a #househack drop a comment below or shoot us a DM.
We want to share more great house hacking stories on our website, social media and on the pod.
Using House Hacking to Create Space to Pursue Your Dreams
Today Gabe Bult joins the show to share his third house hacking experience. With three house hacks in three years, Gabe and his wife have built a life they love and are in a beautiful home. Gabe also shares about how house hacking has given them the financial flexibility to pursue dream opportunities.
This is an episode not to miss. For more information on this episode and guests, you can check out the show notes at https://fibyrei.com/S3E29
Get Your FREE Rentometer Account:
We also want to give a big shoutout to Rentometer for sponsoring the show. Rentometer is the fastest and easiest way to analyze current local rents in the US! Get your FREE Rentometer account here: https://geni.us/pCMP
Try a FREE Rentometer Pro Rental Report:
Already have a free Rentometer account, but unsure if upgrading to the pro account makes sense? Get a FREE PRO Rental Report here: https://geni.us/rentometerproreport
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You can check out the best ways to learn about real estate investing, and house hacking at https://geni.us/learnaboutREI
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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/
What would Gabe have done differently?
Mistakes happen when you invest in real estate. The key is learning from them. Gabe shares what he would have done differently while #househacking.
A big thanks to Rentometer for sponsoring this episode of the podcast.
What's next in Gabe's life?
On this clip from The House Hacking Podcast Gabe Bult shares what he is planning now he has done three #househacks.
Thanks to Rentometer for sponsoring this episode of the podcast.
Saving money to spend on the next property!
Saving money for future #capex and maintenance expenses, or do you save money for the next #realestateinvestment?
House Hacking will change your life!
Gabe Bult always tells people how #househacking will change your life.
Chris's Favorite Site for Monitoring Housing Data
Chris goes into how he loved hearing about #househacking actually being a thing. Then he talks about how he loved using a site called Altos Research for monitoring housing data. https://altosresearch.com/
Rental Income from Long-term tenants
Chris from All the Hacks talks about what he generated in income from his longterm tenants in his income suite #househack .
From Short Term Rentals to Long Term Tenants
Chris talks about how Airbnb caused them to think about house hacking, but because they were living in a loft, it wasn't possible. But once they bought a place, they could finally start house hacking.
A Decade of House Hacking in San Francisco
New episode of The House Hacking Podcast: https://fibyrei.com/chris-hutchins-all-the-hacks/
Chris from All the Hacks shares his story about house hacking. This episode covers:
-The story of how he accidentally bought a house
-How a previous meeting with the founders of Airbnb planted the seed for house hacking
-How couch surfing got them ready to be landlords
-A naked tenant walking around in their unit
-All the ups, and downs, of spending a decade #househacking in San Francisco.
-Plus so much more, so be sure to check out the show notes to watch & listen to the episode: https://fibyrei.com/chris-hutchins-all-the-hacks/
We also want to give a big shoutout to the team at Rentometer for sponsoring this episode of the podcast. Rentometer is the fastest, and easiest way to analyze current, local rents. Andrew & FI by REI, the host of The House Hacking Podcast talks about why he wanted to partner with them, and how he has been using their pro service for over five years.
Whether you already have an established rental business or are analyzing your first deal, you know getting the rent right is crucial to lowering investment risk and optimizing your rental income and occupancy. If you want to support the show, and want the fastest & easiest way to access quality rent data, then set up your FREE Rentometer account with our link here: https://geni.us/gGpnHxD
Rental portfolios provide investors the opportunity to earn a steady stream of rental income from multiple properties while growing equity across all the assets.
As their portfolios continue to expand, investors often find that managing multiple properties and loans can be a challenge – exacerbating their potential stress levels!
Johnny explains how he was house hacking to build a rental portfolio!
If you’re trying to do a house hack, maybe you can live with a mom, dad, family member, friends, or something to reduce your expenses!
Johnny shares different ways you can save on expenses while house hacking!
Johnny explains how he was able to use the VA loan twice!
For the VA loan, there is something called entitlement. You have a certain amount of entitlement.
If your purchase is less than that amount, you can use the other part on another project!
When you outsource, you need to pay someone else to manage your money!
Self-managing prevents that!
However, the amount of work can be exhausting!
House hacking in your forties with a child? Dan's story is amazing!
Check your HOA docs!
Learn why Dan advises you to always check your HOA docs before buying a short-term rental property in this weeks’ episode.
