I wanted to share a new video series we are doing for real estate investors here in the Kansas City area. The series combines two of my favorite things.
- Real Estate Investing
- Kansas City BBQ
This first video is about House Hacking.
What is House Hacking? It’s a term the younger people use. House Hacking describes a process I’ve taught younger buyers many times in my 26 years of real estate. Essentially, it’s buying your first property and making it a duplex. The advantages are many.
- You can live in one side and rent out the other allowing your tenants to pay a significant portion of your PITI (Principal, Interest, Taxes and Insurance)
- You can buy with as little as 3.5% down instead of 20% down
- You have a lower interest rate than if you bought an investment property
- You have lower closing costs than if it was just an investment property
- You can learn how to work with tenants and manage property because you are right there
FIND THE VIDEO HERE: House Hacking and Kansas City BBQ – Learn Secrets to Wealth
There are many others, but those are just a few to get your mind racing.
Are there young people in your life asking you how you got started in real estate investing? Are there young people in your life you’d like to share the gift of knowledge about House Hacking as a way to get started for them?
I encourage you to watch AND share this video with them. Yes, it may create more sales for us here in Kansas City. More importantly, it will help us to get more home owner/investors started on their journey and discover what you’ve already discovered: housing is one of the best ways for “regular” people to create real wealth.
Thank you for watching. Thank you for sharing. And thank you for supporting Ad Astra Realty. We are here to serve you.
