The older you get, the more you realize how much life costs. As a kid, it's easy to take for granted the free rent and free meals, but what if you could get back to that? What if you could live mortgage or rent-free as an adult? What if you could have your meals paid for on someone else’s dime? In today’s episode, our guest, Nate Weintraub, shares how he lives for “free” with his three properties that total sixty-five units.
With a real estate investor as a father, Nate has always been around rental property investing. He never saw himself getting into real estate until he worked his first W-2. After seeing the realities of a nine-to-five, Nate decided to buy a property after college and pursue real estate. In March of 2020, he put a house under contract in Rochester, New York. Since then, he has purchased a sixty-three-unit storage facility in Alabama and is currently house hacking in Florida.
As Nate works toward financial freedom, he has made steps toward reducing his cost of living while still living a life he loves. In addition to being an investor, he does what he loves as a self-employed copywriter—BiggerPockets’ copywriter in fact. At only twenty-four, Nate lives rent-free in his house hack, his rental property covers most of his food, and his real estate investment trusts pay for his car.
In This Episode We Cover
Analyzing and choosing an out-of-state market to invest in (w/o visiting them)
Self-managing and how to build a trusting relationship with your tenants
House hacking and how to use it to live rent-free while building wealth
Self-storage investing and how to break into a newer, bigger asset class
Finding reliable and trustworthy partners and how to manage your partnerships
The importance of talking about your real estate aspirations and how to generate more business through conversation
And So Much More!
Links from the Show
Ashley's Instagram
Tony's Instagram
BiggerPockets
Real Estate Rookie Podcast
Zillow
$13M in Equity from One Deal & Cash Flowing Despite Being Comatose with AJ Osborne
Real Estate Rookie Facebook Group
How to Cut Expenses for a Faster Route to Financial Freedom
BiggerPockets Calculators
Easy Storage Solutions
Stessa
Roomies.com
Yelp
SquareFoot
QuickBooks
On the Market Podcast
BiggerPockets Forums
Airbnb
Connect with Nate:
Nate's Instagram
Nate's Email
Nate's Website
Check out the full show notes here: https://biggerpockets.com/blog/rookie-213
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