House Hacking: The Best Way to Get Started in Real Estate - Episode 84 |
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Trying to figure out the best way to get your first investment property, get your foot in the door, and start to grow wealth? Guest Johnny Wolff and Chris Larsen discuss the best way to start your real estate journey: House hacking.
Johnny Wolff is the CEO and Founder of HomeRoom Coliving – one of the fastest-growing coliving companies in the United States. He started his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas to pursue real estate investing full time. Now, Johnny guides new investors on house hacking and real estate investing. He shares investment and management insights that every novice investor should hear! HIGHLIGHTS OF THE EPISODE 00:00 – Episode Overview 00:41 – Multifamily Investor Nation Summit 01:25 – Guest introduction: Johnny Wolff 03:15 – Johnny’s background 05:21 – Always start with House Hacking 06:53 – What makes House Hacking so ideal? 08:43 – Step 1: Do a House Hack 10:58 – Stability despite the pandemic 12:30 – It’s better to live in a 'community' than to live alone 14:49 – A tech-based approach to real estate 18:21 – Scaling up through the house hacking model 21:39 – The housing shortage can be leveraged 22:48 – Is there an ideal number of rooms per property? 25:49 – Learn more: https://livehomeroom.com/invest CONNECTING WITH THE GUEST Website: www.livehomeroom.com Email: johnny@livehomeroom.com #Coliving #Househacking #realestate |