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תוכן מסופק על ידי Cole Baltz. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Cole Baltz או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
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How I Got Paid $125,000 to Buy a 4-Unit Rental With $0 Down

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Manage episode 490098812 series 3666273
תוכן מסופק על ידי Cole Baltz. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Cole Baltz או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

Send us a text

Ever wonder how ordinary people create extraordinary wealth through real estate? The answer might be simpler than you think.
Imagine purchasing a multi-unit property, living there at a fraction of market rent, and walking away with a six-figure profit – all without spending a dime from your savings. This isn't some get-rich-quick scheme; it's a legitimate strategy I used to generate $125,000 in profit while drastically reducing my living expenses.
As both an airline pilot and part-time real estate investor, I discovered a powerful combination of tactics that allowed me to purchase a four-unit property using my VA loan (though FHA loans work similarly for non-veterans). The magic happened when I represented myself as my own agent, effectively getting paid over $10,000 at closing just to buy the property. With zero money down and no PMI, I moved into one unit while renting out the others.
The numbers tell the story: while most people in my area were paying $2,000 monthly in rent, my effective housing cost dropped to just $400-500 per month because tenant income covered nearly all expenses. For almost three years, I benefited from tax advantages, equity building, and debt reduction – all while living comfortably at minimal cost.
When it came time to sell, having lived there for the required period, I avoided capital gains tax and pocketed $115,000 in profit. Combined with my initial commission, the total benefit reached approximately $125,000 – from a property I never put a single dollar into purchasing.
The beauty of this approach is its accessibility. You don't need specialized knowledge or expensive courses – just willingness to temporarily live differently than most. In today's economy with inflation outpacing wage growth, this strategy offers a practical solution to the housing affordability crisis facing many Americans.
Ready to transform your financial future? Consider how house hacking a multi-unit property might be your first step toward building lasting wealth. Share your thoughts or questions in the comments – I'd love to hear about your real estate journey or help you start one.

  continue reading

פרקים

1. Introduction and Real Estate Hack (00:00:00)

2. Buying Process and VA Loan Advantages (00:01:37)

3. Living in the Property and Benefits (00:03:18)

4. The Financial Outcome and Profit (00:05:12)

5. Final Thoughts and Future Videos (00:06:12)

33 פרקים

Artwork
iconשתפו
 
Manage episode 490098812 series 3666273
תוכן מסופק על ידי Cole Baltz. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Cole Baltz או שותף פלטפורמת הפודקאסט שלהם. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.

Send us a text

Ever wonder how ordinary people create extraordinary wealth through real estate? The answer might be simpler than you think.
Imagine purchasing a multi-unit property, living there at a fraction of market rent, and walking away with a six-figure profit – all without spending a dime from your savings. This isn't some get-rich-quick scheme; it's a legitimate strategy I used to generate $125,000 in profit while drastically reducing my living expenses.
As both an airline pilot and part-time real estate investor, I discovered a powerful combination of tactics that allowed me to purchase a four-unit property using my VA loan (though FHA loans work similarly for non-veterans). The magic happened when I represented myself as my own agent, effectively getting paid over $10,000 at closing just to buy the property. With zero money down and no PMI, I moved into one unit while renting out the others.
The numbers tell the story: while most people in my area were paying $2,000 monthly in rent, my effective housing cost dropped to just $400-500 per month because tenant income covered nearly all expenses. For almost three years, I benefited from tax advantages, equity building, and debt reduction – all while living comfortably at minimal cost.
When it came time to sell, having lived there for the required period, I avoided capital gains tax and pocketed $115,000 in profit. Combined with my initial commission, the total benefit reached approximately $125,000 – from a property I never put a single dollar into purchasing.
The beauty of this approach is its accessibility. You don't need specialized knowledge or expensive courses – just willingness to temporarily live differently than most. In today's economy with inflation outpacing wage growth, this strategy offers a practical solution to the housing affordability crisis facing many Americans.
Ready to transform your financial future? Consider how house hacking a multi-unit property might be your first step toward building lasting wealth. Share your thoughts or questions in the comments – I'd love to hear about your real estate journey or help you start one.

  continue reading

פרקים

1. Introduction and Real Estate Hack (00:00:00)

2. Buying Process and VA Loan Advantages (00:01:37)

3. Living in the Property and Benefits (00:03:18)

4. The Financial Outcome and Profit (00:05:12)

5. Final Thoughts and Future Videos (00:06:12)

33 פרקים

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