Sunday Hustle: Tired of Renting? How to Save for Your First Property in ONE Year (or Less)
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May 25, 2025
Discover how side hustles can transform your path to homeownership! Dive into Aaron Mann's inspiring journey from renting to buying his first property, fueled by his innovative MOAT method. Learn about house hacking, maximizing income streams, and negotiating home deals effectively. Explore unique side hustle ideas like voiceover work and couch flipping, all aimed at saving for a down payment. Get practical tips and motivation to kickstart your own real estate investing journey!
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question_answer ANECDOTE
Choosing Kenosha for First Home
Aaron and his wife chose Kenosha, Wisconsin, for their first home to house hack and save on rent costs.
They found a property that needed minor fixes and was on the market for a long time, eventually buying it with concessions.
question_answer ANECDOTE
House Hacking Setup Explained
Aaron rents out large bedrooms for $1,100 each, including shared amenities and cleaning services.
This creates a comfortable house hack setup balancing privacy and shared living costs.
volunteer_activism ADVICE
Weekly Finance Meetings Crucial
Conduct weekly finance meetings to review budgets, track income and expenses, and identify saving opportunities.
Regular financial check-ins help maintain discipline in saving for a down payment.
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Side hustles can pave the way to your first home without sacrificing your career stability, or even give you career stability! So, how can you strategically utilize multiple income streams to make this possible? Aaron Mann, host of the Sunday Hustle segment on the BiggerPockets Daily podcast and recent single-family home buyer, shares his journey and practical approach to leveraging side hustles for real estate investing via an interview on The Real Estate Rookie Podcast!
In this show, you'll learn how Aaron Mann overcame obstacles like debt and rising living costs to purchase his first property by creating and executing a side hustle strategy called the MOAT method. With topics ranging from house hacking to maximizing income streams through the MOAT method, you'll discover creative ways to accelerate your real estate investing journey. Need inspiration on getting started? Aaron's firsthand experiences offer guidance for aspiring investors.
Plus, we'll delve into some bonus tips, including Aaron's favorite side hustle strategies and how he plans to expand his real estate investments. Whether you're interested in voiceover work or flipping couches, these insider tactics could be the key to your next financial breakthrough.
Topics Covered
Utilizing side hustles to save for a down payment
Aaron's journey from side hustles to purchasing his first property
House hacking strategies for maximizing rental income
The MOAT method: Maximize, Outline, Amplify, Tailor
Negotiation tactics when buying a home
The role of weekly finance meetings in budgeting and saving
Side hustles in the voiceover and arts industry
The importance of flexibility in your investment strategy timeline