YFP Real Estate Investing 30: Short-Term Rental House Hacking

Your Financial Pharmacist

Managed care pharmacist Mariah Pierce shares her real estate story detailing her house-hacking experience and how she gets paid to live in her home with short-term room rentals.

Key Points From This Episode

• Mariah’s educational background and the work she is currently doing.
• The lifelong dream Mariah had of owning her own home.
• What has driven Mariah’s interest in personal finance.
• Money that Mariah saved while subleasing a property for seven months in college.
• The property Mariah bought with her savings and her experience of house-hacking it.
• How much she put down on the house and how much her rooms cost to rent out on Airbnb.
• Mariah’s monthly payment on her mortgage.
• The benefits of short-term rentals.
• What Mariah learned from her first travel nurse guest.
• How she made her rooms stand out from the other Airbnb listings available in the area.
• Where she found a lot of the furniture for her house.
• Hear about Mariah’s approach to risk.
• The future plans that she has for her real estate investment career.
• Two books that have influenced Mariah’s life choices: Mindset and Brave Not Perfect.
• Mariah’s advice for anyone thinking of taking the leap into real estate.

Links Mentioned in Today’s Episode

• YFP Real Estate Investing 10: Getting Started Through House Hacking
• YFP Real Estate Concierge Service
• The Your Financial Pharmacist Podcast
• Learn More About IBERIABANK/First Horizon’s Pharmacist Home Loan and Start the Pre-Approval Process
• Facebook Marketplace
• Mindset: The New Psychology of Success by Carol S. Dweck
• Brave, Not Perfect: How Celebrating Imperfection Helps You Live Your Best, Most Joyful Life by Reshma Saujani
• Connect with Mariah Pierce on LinkedIn
• YFP Real Estate Investing
• Join the YFP Real Estate Investing Facebook Group