“He suggested living in one unit, renting the rest, using FHA, then refinancing to conventional to fund the next house hack.”
♫
Said on BiggerPockets Real Estate Podcast
“I would live there for three to four months, renovate, move to the next unit…once it was completely turned over, the property brought in about $2,100 a month…listed for $100,000 and got a full-price offer.”
Lucas Teague · BiggerPockets Real Estate Podcast · 3 Paid-Off Rentals: The “Boring” (But Proven) Path to Financial Freedom
Play from 6:39
6:39
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Lived in each unit of a triplex while renovating it, then rented out the units after upgrades and sold the property
Purchase $45,000, $5,500 rehab cost, rent $700 per unit after rehab, total $2,100 monthly cash flow, sold for $100,000
Said nearby on the same subject
“We have installed cryotherapy units in the Star at Frisco… four of our cryotherapy units… installed for about 12 NBA teams… sold almost 400 of these devices to everyday folks.”
♫
Said on Tony Robbins Podcast Daily
“The lab is usually ineffective and fizzles out after about three to four years. You can't just nestle this under an existing business unit.”
JW
Josh Woodward
Lenny's Podcast: Product | Career | Growth ·
“It’s the only tax haven… I would rather buy it, live in it for a year, then get out, then rent it out, six-year rule.”
EM
Emilio Martinez
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