House Hacking: A Path to Financial Freedom & An Abundance Mindset with Michael Hoang

The Real Estate Ballers Show

In this episode, Vee Le and Michael Hoang dive deep into the world of real estate investing, focusing on strategies that lead to financial freedom. They discuss the power of house hacking to generate income and build equity. Listen as they discuss the importance of controlling your debt-to-income ratio for expanding investments, the benefits of multifamily investing, and the role of financial literacy in achieving early retirement.
Vee, the founder of REBallers, is a franchise owner and a Developmental Agent of HomeVestors “We Buy Ugly Houses”. Today, Vee is actively buying and selling properties in Houston, Austin, San Antonio, and Corpus Christi, TX while growing her rental portfolio of long term and short-term rentals.
Michael achieved financial freedom with just three houses, and recently retired from his corporate job to pursue full time real estate investing. Michael specializes in direct to seller marketing, BRRRR method investing, house hacking, and he is now pursuing multi-family investing.
Episode Highlights
00:00 Intro
00:34 Sponsor Messages
06:08 House Hacking Strategies
11:02 House Hacking Essentials
14:19 Meaning of Financial Freedom
16:01 Michael's First Deal
17:36 Selling vs Refi
18:53 Benefits of Multi-Family
20:17 LP vs GP
23:51 Michael's Key to Early Retirement
28:20 Scarcity vs Abundance Mindset
29:46 Traveling with New Found Freedom
32:13 What's Next?
38:25 Quitting His Job
42:25 Advice to His Younger Self
47:43 Connect with Michael
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