Extreme House Hacking: Innovative Wealth Building | 6min snip from Real Estate Rookie

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Making $2,400/Month Cash Flow and Getting Rich Slowly with “Boring” Rentals

Real Estate Rookie

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CHAPTER

Extreme House Hacking: Innovative Wealth Building

This chapter explores a unique real estate investment strategy known as 'extreme house hacking,' where individuals leverage new developments for cash flow while awaiting further property construction. It emphasizes the importance of patience, strategic planning, and debt restructuring for building a successful rental property portfolio.

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Want the time-tested investing strategy that will make you rich 10, 20, or 30 years from now? Despite market uncertainty, buying rentals is still a savvy move if you’re playing the long game. That’s what today’s guest is doing—using a mix of steady cash flow and appreciation to reach financial freedom!

Welcome back to the Real Estate Rookie podcast! After a bad experience with a financial advisor, Anthony Finger decided to take control of his investments. He started with everyone’s favorite “boring” investment, index funds, and before long, he had brought his slow and steady approach over to real estate—buying seven long-term rentals over seven years. Today, his real estate portfolio brings in $2,400 in monthly cash flow, and Anthony has already built up over $600,000 in total equity!

The conservative approach might not be as “sexy” as Airbnb or as exciting as flipping houses, but it’s a surefire way to build wealth with real estate. Tune in as Anthony shares the perks of investing in your own backyard, the benefits of buying turnkey rentals, and the secret to buying new construction at a discount!

In This Episode We Cover:

How Anthony scaled “slowly” to seven properties in seven years

“Safe” investments that will put you on the path to financial freedom

Building a stable portfolio with low-maintenance, turnkey rental properties

How to achieve a mix of equity and cash flow in THIS housing market

The benefits of investing in your own backyard (and when to look elsewhere!)

The crucial mindset shift you need to succeed in real estate

And So Much More!

Links from the Show

Ashley's BiggerPockets Profile

Tony's BiggerPockets Profile

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