How to START Your Real Estate Portfolio | House Hacking for Investors

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Are you researching strategies for getting started in real estate investing? Are you looking for a beginner's guide to real estate investing? Then look no further!
Get rental comps quickly and easily with Rentometer (affiliate link):
rentometer.referralrock.com/l...
Run numbers on your own duplex house hack for FREE:
duplexcalculator.com
The least expensive, lowest-risk, least time-consuming way to get started in real estate investing is... (drumroll)... house hacking!
House hacking means buying more home than you need and renting out the space you don't live in. My favorite version is buying a duplex (the whole thing -- both units) to live in one and rent out the other.
Oh -- and house hacking a duplex is also the least expensive, lowest-risk, and least time-consuming way to get started in real estate investing!
In this video, I cover the pro's and con's of starting your real-estate investing carry via house housing. Then I share the blueprint for building up a half-million-dollar portfolio by house hacking duplexes.
#rei #realestateinvesting #realestatetips #househacking

Опубликовано:

24 авг 2023

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Комментарии : 30

@OverfinchJoshua 2 дня назад

Great video Jon! Subscribed 👏 Im going to follow your videos through my first purchase (hopefully duplex)

@thejonschwartz 2 дня назад

Awesome! Congrats! I'm 100% confident that you have it within your power to make that first purchase a duplex -- I wish my first purchase had been one! In fact, I made a whole video about it: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-BpIFOETum-c.htmlsi=N_QXUZ_7ttvF0Wo7

@OverfinchJoshua 2 дня назад

@@thejonschwartz thank you Jon - a piece of information you said in the video was very insightful about make sure it’d somewhere you want to live yourself, I’ve nearly panic bought a place because I am desperate to have a duplex 😂 but I didn’t want to live in it myself at that standard so it might take a little longer to find the right one but I am ready and eager to get started 🔥🤞

@jonnyboi.gallegos 9 дней назад

this video is insanely great man this info to the right people is gold

@thejonschwartz 7 дней назад

Thanks so much! I appreciate it!

@carlosleshawn 19 дней назад

Thank you for the real breakdown of the costs

@toniceeden1773 Месяц назад

The most honest video watch! I dislike when most other videos for free! It takes money to make money nothing is FREE!!!! Love your video.

@thejonschwartz Месяц назад

Thank you! Getting into real estate always has a cost - if not a meaningful amount of money, then a huge amount of time!

@loveyourself-cq5cu Месяц назад

THIS THE BEST DAMN VIDEO ON RU-vid!! 🙏🏾 THANK YOU

@bloodphantom81 11 месяцев назад

love the concept. I just bought a house in Merced, and it’s my 2nd on this house hack journey. I’d want my 3rd property to be in LA. but… it takes a lot more patience and work to find properties where the numbers make sense here, especially if putting 10% or less down.

@thejonschwartz 11 месяцев назад

The numbers in LA don't make sense if you're just assessing on cashflow. LA is an appreciation market! But here's the pro tip: to achieve cashflow, buy a duplex that allows for one or two ADUs to be built (or converted from existing garage or other structures). Phase one of the investment is just buying the property -- which is expensive enough in LA! Phrase two is building the ADU(s). At that point, you'll have an asset worth a lot more than you put into it with serious cashflow. And if you need any help with that, you know who to call (me!).

@bloodphantom81 11 месяцев назад

@@thejonschwartzthanks for the thoughtful reply! we were in contact last year about setting up a chat but I think our schedules didn’t align or something, idk! I’ll email you again :)

@jupiterhaha 9 месяцев назад

Thank you for breaking this down. You have my follow. Please make more videos like this covering the details with good vs. bad properties and mistakes to avoid. Cheers 🎉

@thejonschwartz 9 месяцев назад

You're so welcome! I appreciate the follow!

@JonSmith531 11 месяцев назад

Good analysis and example. You said earlier in the video about buying a place in Indiana and losing money, then you give an example in a high crime area of St Louis Missouri. There are times when the best bet is waiting and letting the market settle out. This is one of those times. Don't buy a duplex near Ferguson MO and expect it to work out. It likely will not.

@loganmclean6510 26 дней назад

Bro. This video was disgustingly good, well done.

@thejonschwartz 26 дней назад

Thanks so much! I really appreciate the validation -- truly!

@alexisportilla708 3 месяца назад

Now give an example in california. Specifically in Socal or Norcal please.

@thejonschwartz 3 месяца назад

Sure! What kind of down payment are you able to make?

@Olvera_emi 2 месяца назад

Would it work with an fha loan. 50k or less

@npunz1 4 месяца назад

Great video. Thanks. Can you house hack in different markets with fha loan or does it have to be local. My lender says it has to be within a certain radius of my job.

@thejonschwartz 3 месяца назад

Well, FHA loans are only for owner-occupants. If you’re buying a house in another market with an FHA loan, you have to convince the lender that you’re moving there and will occupy the home.

@Eddyedddd 3 месяца назад

Hi is it possible to message you when i get in the passion to buy another house. I have to sell my second house due to a failed relationship. But i want to save up and get into this. It would be very beneficial.

@thejonschwartz 3 месяца назад

Awesome! Join my mailing list so we can keep in touch: www.househack.la

@Eddyedddd 3 месяца назад

Do you offer any personal tutorials

@thejonschwartz 3 месяца назад

I don't... but if you're in LA, I can work with you!