House hacking is a strategy for first-time homebuyers to live in a part of a property while renting out the other units, offsetting living expenses and potentially building wealth. It’s a great way to build equity, save on housing costs, and learn about property management. However, it’s important to carefully consider financials, market conditions, and legal requirements before taking the leap.
This week’s guest Drew Hittner, the greatest house hacker on the planet and Airbnb lender, talks to us about the ins and outs of house hacking. Drew shares what motivated him to take the leap, what he learned from his biggest mistakes and greatest successes, and advice for entrepreneurs interested in house-hacking their way to financial freedom.
-Listen to The Podcast Here
-About Drew Hittner
Drew grew up in the Midwest, got a touch of rental arbitrage in 2015, and became a lender immediately after that. He slowly grew his RE portfolio across three states while growing a small eight-person mortgage company. His goal is to
write a book and be the most influential house hacker on the planet.
–Key Points From The Episode
1:30 His background and how he got into real estate investing
4:40 Favorite motivational quote
6:20 His largest jump
8:43 Getting started and motivated
9:20 Failing to success
10:57 Biggest breakthrough
12:30 Did he go to college?
13:29 How he went from getting his associate degree to invest in real estate
16:36 House hacking advice
19:35 Sponsor
20:00 Hot seat
25:54 Contact Drew
–Contact Drew Hittner
Website: https://caliverbeach.com/
Email: drewh@caliverbeach.com
LinkedIn: https://www.linkedin.com/in/drew-hittner-35927340/
Facebook: https://www.facebook.com/DrewHittnerNMLS/
YouTube: https://www.youtube.com/@Drewdoloans/featured
