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Вміст надано Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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71. The New 5% Down Loan for Multi-Family, Acquiring a 10-unit Property, and Dealing with Inherited Tenants

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Архівні серії ("Канал неактуальний" status)

When? This feed was archived on November 09, 2024 11:25 (24d ago). Last successful fetch was on October 07, 2024 23:35 (2M ago)

Why? Канал неактуальний status. Нашим серверам не вдалося отримати доступ до каналу подкасту протягом тривалого періоду часу.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 393495665 series 2919954
Вміст надано Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Join us as we share the exhilarating journey of acquiring our recent 10-unit property. We reveal how our steadfast reputation played a pivotal role in securing this deal, and also discuss the enticing benefits of house hacking. By offering insights into the low entry barrier and low risk, particularly with the new Fannie Mae loan that requires only a 5% down on multifamily properties, we hope to inspire your own real estate ventures.
House hacking is not just a strategy; it's a lifestyle that requires a specific mindset and skill set. With the ever-changing real estate market, understanding when and how to apply this unique approach is key. We delve deeper into this, discussing how to evaluate properties effectively—especially when inheriting tenants. From cash flow calculations to long-term investment considerations, we equip you with the tools and knowledge to make informed decisions.
Inheriting tenants can be a mixed blessing. This episode explores how to tackle the complex challenges that come with this territory. We share our experiences in dealing with deferred maintenance issues, setting new expectations with tenants, and handling the legal implications of month-to-month leases. Striking a balance between maintaining a property and providing quality housing can be a juggling act, but we're here to guide you through it. Remember, house hacking is an adventure, and every adventure is filled with lessons and triumphs.

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.

  continue reading

Розділи

1. House Hacking and Real Estate Opportunities (00:00:00)

2. House Hacking and Rental Property Evaluation (00:11:43)

3. Handling Deferred Maintenance and Inheriting Tenants (00:20:23)

4. House Hacking in Current Market (00:25:48)

71 епізодів

Artwork
iconПоширити
 

Архівні серії ("Канал неактуальний" status)

When? This feed was archived on November 09, 2024 11:25 (24d ago). Last successful fetch was on October 07, 2024 23:35 (2M ago)

Why? Канал неактуальний status. Нашим серверам не вдалося отримати доступ до каналу подкасту протягом тривалого періоду часу.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 393495665 series 2919954
Вміст надано Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Brad Labrie, Drew Klingler, Brad Labrie, and Drew Klingler або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

Join us as we share the exhilarating journey of acquiring our recent 10-unit property. We reveal how our steadfast reputation played a pivotal role in securing this deal, and also discuss the enticing benefits of house hacking. By offering insights into the low entry barrier and low risk, particularly with the new Fannie Mae loan that requires only a 5% down on multifamily properties, we hope to inspire your own real estate ventures.
House hacking is not just a strategy; it's a lifestyle that requires a specific mindset and skill set. With the ever-changing real estate market, understanding when and how to apply this unique approach is key. We delve deeper into this, discussing how to evaluate properties effectively—especially when inheriting tenants. From cash flow calculations to long-term investment considerations, we equip you with the tools and knowledge to make informed decisions.
Inheriting tenants can be a mixed blessing. This episode explores how to tackle the complex challenges that come with this territory. We share our experiences in dealing with deferred maintenance issues, setting new expectations with tenants, and handling the legal implications of month-to-month leases. Striking a balance between maintaining a property and providing quality housing can be a juggling act, but we're here to guide you through it. Remember, house hacking is an adventure, and every adventure is filled with lessons and triumphs.

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.

  continue reading

Розділи

1. House Hacking and Real Estate Opportunities (00:00:00)

2. House Hacking and Rental Property Evaluation (00:11:43)

3. Handling Deferred Maintenance and Inheriting Tenants (00:20:23)

4. House Hacking in Current Market (00:25:48)

71 епізодів

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