Show notes
Join me and my co-host, Vince, as we chat with Tony Angotti about house hacking, utility optimization, and choosing the right investment partners. Tony is a realtor with Deacon and Hoover Real Estate Advisors specializing in investment real estate in the Pittsburgh Area. He capitalizes in out of state investors, and he’s going to share his insight on how to develop those partnerships, and more. Stay tuned! Getting into House Hacking Tony came across the concept of house hacking when his wife introduced him to the BiggerPockets podcast. He realized that it’s a win-win solution to live and earn at the same time, in a property that you own. House hacking is a good first step, either for first-time investors wanting to get into the real estate industry or someone who just wants to build passive income. Tony shares that with house hacking, he can start with a small capital and slowly leverage that into bigger investments and build cash flow that way. He considers himself someone who doesn’t want to be tied down to others’ obligations and prefers a more flexible lifestyle. The passive income he gets from house hacking perfectly fits his life preferences.But while house hacking has its many advantages, Tony also cautions first-time investors on the possible challenges of going this route. He shares how it is crucial not to try to do everything on your own. In the beginning, Tony was his own property manager, handyman, numbers guy, basically doing everything required by his business. He realized that it was not sustainable to do that and to grow your business, you need to put a good team together to help you out. He is now in the process of hiring his first two employees, one of which is his dad, who will be working as his handyman. From one duplex unit, Tony now owns roughly 80 units and is nowhere near stopping!Outline of the Episode: [[[[[[[[[[ Resources:● The 412 Agent● Be Free RE Podcast● Linked In● Facebook● Instagram● Bigger pockets● “The Millionaire Real Estate Agent” by Garry Keller● “The Millionaire Real Estate Investor” by Garry Keller Connect with The Cashflow Project!● Website● LinkedIn● YouTube● Facebook● Instagram



