You asked for it, and we answered! On today’s episode, Brandon and David interview three first-time home buyers, who all utilized the house hacking strategy in different ways!
Our first guest shares how he bought in the most expensive market in the country and lives for FREE by using several techniques anyone can replicate (while taking advantage of a massive value-add opportunity).
Our second guests share how they used house hacking to buy a BUSINESS that will generate over $20K in profit per month... while also eliminating the majority of their rehab costs and reducing risks and living expenses at the same time!
And our third guest shares how he took advantage of California’s recent ADU law revision to buy a property that will eliminate his living expenses while making him massive cash flow at the same time.
This episode covers FAQs—like how to use an agent to help you find a property, how to house hack in unique ways, and what to expect when buying your first property—and is guaranteed to get those wheels turning in your mind! Download this one, and share with a friend today!
In This Episode We Cover:Ryan MeinzerHow he found the propertyHis unique angle on TIC (tenancy in common)What he intended to do reduce his living expensesHow a sliding door turned out to be a blessingWhat the requirements are to convert a TICKey lessons learned from this dealHero and Stephanie CruzThe struggle of finding the right RealtorFinding a property that needs less rehabWhat is assisted living propertyHow much they earn from each roomMaking more money to help more peopleRob KishiHow Daivd and Rob were introduced during a meetupWhy he fell in love with idea of house hackingWhat the property looks likeInvesting with MomWhat ADU stands forAnd SO much more!
Links from the ShowBiggerPockets ForumsBiggerPockets BookstoreBiggerPockets Network - Find a Real Estate AgentBiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneGrant Cardone on Multifamily Investing and Why You Should Never Buy a House!BiggerPockets Podcast 350: How to House Hack Your Way to Financial Freedom in 3 Years with Craig CurelopThe Core 4 Members Vital to a Profitable Long-Distance Real Estate Investing Team (blog)BiggerPockets Premium Membership
Check the full show notes here: http://biggerpockets.com/show359