Subscribe: Apple Podcasts | Google Podcasts | Spotify | Amazon Music | RadioPublic | Stitcher | RSS
What when you may dwell in your house whereas another person pays the mortgage? That’s the thought behind home hacking.
Home hacking refers to dwelling in a house or multi-unit property whereas renting out a part of it. Devoted home hackers say it’s an effective way to put the muse for an actual property empire—one that may catapult you to monetary freedom. However will it give you the results you want?
That’s what we’re exploring on this week’s podcast.
As regular, host Stacy Johnson is joined by monetary journalist Miranda Marquit. Listening in and generally contributing is producer Aaron Freeman. This week’s visitor is Robert Leonard, the creator of “The All the things Information to Home Hacking.”
Keep in mind, regardless that we generally speak about particular investments in our podcasts, don’t take them as suggestions. Earlier than investing in something or making any cash strikes, do your analysis and make your personal choices.
You possibly can watch this episode beneath, or when you’d want to hear, you are able to do that with the participant on the prime of this text or obtain the episode wherever you get your podcasts:
Don’t overlook to take a look at our podcast web page for extra episodes designed that will help you profit from your cash and our YouTube web page for extra movies.
What’s home hacking?
On this episode, we speak about home hacking and the completely different varieties it could actually take. From shopping for a house and dwelling in it whilst you repair it as much as buying a multi-unit property and dwelling in it whereas your tenants pay the mortgage, there are other ways to get extra out of your main residence.
Different actual estate-related hyperlinks:
What are you able to anticipate from actual property sooner or later?
Is now the correct time to spend money on actual property? Or do you have to wait? Earlier than making that call, try our assets on what you must know.
And, when you’re undecided about actual property, you can too flip to the inventory market. It’s fairly shaky proper now, however that doesn’t imply you possibly can’t profit from it. Try our podcast episode on 5 Issues You Have to Know About This Horrible Inventory Market.
Meet this week’s visitor, Robert Leonard
Robert Leonard is the vice chairman of development at The Investor’s Podcast Community, podcast host of “Actual Property 101” and “Millennial Investing,” founder and managing companion of Piranha Capital, and founding father of EverythingHouseHacking.com. He earned an MBA in accounting and finance and a BSBA in finance and economics, and is an authorized administration accountant (CMA).
Don’t take heed to podcasts?
A podcast is mainly a radio present you possibly can take heed to anyplace and anytime, both by downloading it to your smartphone, or by listening on-line. They’re superior for studying stuff and being entertained whenever you’re within the automotive, doing chores, jogging or driving your bicycle.
You possibly can take heed to our newest podcasts right here or obtain them to your cellphone from any variety of locations, together with Apple, Spotify, RadioPublic, Stitcher and RSS.
In the event you haven’t listened to our podcast but, give it a attempt, then subscribe. You’ll be glad you probably did!
In regards to the hosts
Stacy Johnson based Cash Talks Information in 1991. He’s a CPA, and he has additionally earned licenses in shares, commodities, choices principal, mutual funds, life insurance coverage, securities supervisor and actual property.
Miranda Marquit, MBA, is a monetary professional, author and speaker. She’s been masking private finance and investing matters for nearly 20 years. When not writing and podcasting, she enjoys journey, studying and the outside.