"Find the worst home in the best neighborhood because the neighborhood is going to help drive up the home's value."
"Your best deals are going to be off market. Get a mentor that knows what he's doing."
"Maybe start considering looking into markets with a lower share of investor demand."
"The sooner that you get in, the better you build your foundations, the likelihood of you being able to succeed in the space is tremendous."
"House hacking is about getting out of your mortgage. The faster you can get out of paying for your mortgage, the faster you can start saving that money and compounding it over time."
"Building wealth one house at a time." - John Schaub
"House hacking is the best way to get started in real estate."
"If all things are equal as far as where you expect the values to continue to rise move your equity that's not working hard into houses where it is working hard."
"Generally, the rule of real estate is just never sell."
"If you see a very clear path to value-add that is not a lot of effort, that's easier money."
"Start having conversations with Realtors, building relationships with them, and finding out if they have anything coming to Market."
"In a buyer's market, you want to throw a jab, an offer is just meant to test them."
"They need your house more than you need to sell it."
"The beauty of this is you're gonna start out not actually having to buy a home you could control a home without owning it you could buy it later if you want to."
"House hacking is a strategy that involves renting out portions of your home in order to offset the cost of your rent or offset the cost of your mortgage and basically live for free."
"If you want to live for free, look into a term called house hacking."
"There's no right or wrong way to do real estate."
"If people purchase real estate with the expectation that they will not have Equity growth for seven to ten years, they will be in a better situation to handle the recession."
"We can't keep bitching about gentrification if we're not going to buy the land."
"Think about real estate in three dimensions."
"House hacking was definitely going to be the way to go to start out."
"I'm buying 20 units right if it's a single family I'm buying 10 units if it's a duplex I'm buying what? 20. If it was a four-plex that'd be smart. Do it ten times."
"You're going to control this deal with $200,000 which is no money on a $3 million asset."
"If you can live in a rental and rent something out with the property, that's pretty smart."
"Cash is going to be king if you want to score a deal."
"The short-term rental mixed with house hacking equals game changer."
"If you live in a cyclical market and you've thought about selling prior to the survey so sickness you should definitely sell now."
"Leverage is a crucial part of building a successful property portfolio."
"Geography doesn't matter in real estate investing. Learn to manage from a distance."
"Don't want to deal with bidding wars? Find homes in not-so-good locations or in need of renovations."
"Real estate is about the long game, positive cash flow, and equity."
"Have you evaluated what skills and talents you're bringing to the table?"
"Buy multifamily, buy apartment buildings. We are becoming a renter nation."
"You don't wait to buy real estate, you buy real estate and you wait."
"The faster the better. The longer your house is on the market, the longer you're living in limbo."
"I'm happy to walk away from every single one of these spaces and keep looking."
"Real estate is all about finding the deal. You find a deal, you line up the money, you do the deal, and you make money."
"If you want to achieve financial independence within five to ten years, house hacking is the most powerful way."
"Buy rehab rent refinance repeat. That's where you buy a messed up property like a fixer-upper and instead of selling it at the end and making that net profit, which you also get taxed on, you decide to keep it and rent it out."
"The B4R real estate investing: Buy, rehab, rent, refinance, repeat."
"Buying High cash flow properties is the way to do it."
"If you're trying to build a business... what better way to build a foundation for your life than house hacking?"
"Plan to buy a house and hold on to it as long as possible."
"House hacking is already very powerful, but when you plus it up with Airbnb, the sky's the limit."
"If you can increase the income over one or two years, then you can massively generate higher net operating income and cash flow."
"Find the worst property in the best location because you can't change the location, but you can improve the property."
"I'm happy for you, I think in this market if you come in low and you know it's not being a jerk if you're coming in low, you're still wanting to buy it."
"Buy, rehab, rent, refinance, repeat. It's a way of buying houses that's slightly different than just putting a big down payment."
"Owner financing again, one of my favorites, this is a great way to get going in real estate."
"It's a good strategy, going for a less attractive building and bringing it up to the standard of its neighbors can really add value."
"The point is not to stay away from real estate always; the point is to run the numbers and make sure you're managing your risk."
"The 1031 exchange lets you flip real estate property to real estate property without having to pay taxes on the sale."
"If you want to kill it in real estate, you find the best part of that block."
"Your first home is not your forever home; it's just a stepping stone."
"If your house sits on the market for over 30 days, that's bad. Just relist because here's the trick."
"It's not about an agent that gives you the highest or the lowest price, it's really about who's gonna market your home the most successfully."