She Bought the Property No One Wanted. It Had a Hidden Income Stream ($3K+/Month).
Real Estate RookieShow Notes
People think you need a dozen rental properties to achieve financial freedom. You don’t. Buy the right property in the right location, and it may only take one. Just ask Hana and Easton Jones, whose tiny back unit pays their entire mortgage and then some—allowing Hana to quit her W-2 job and live out her dream of being a stay-at-home mom!
Welcome back to the Real Estate Rookie podcast! Hana and Easton were a couple of 25-year-olds with regular jobs. How could they possibly afford real estate around Los Angeles? Driven by the dream of homeownership, they sacrificed, they saved, and when the time came, they bought the house no one wanted. It wasn’t perfect. It needed work. But it also had its own hidden income stream—a small ADU (accessory dwelling unit) that now covers their $3,300 mortgage each month!
In this episode, they break down their exact savings strategy, what it looks like to house hack an Airbnb, and how Hana was able to buy back time with her kids. Whether you live in an expensive city or want a way out from your nine-to-five, this story delivers the inspiration you need to take the next step in your real estate journey!
In This Episode We Cover:
The ADU (accessory dwelling unit) that makes $3,000-$5,000+ per month
How to save aggressively for a down payment (even on a normal salary)
Why Hana and Easton chose to put more money down on their house hack
The “overlooked” property that allowed Hana to step away from her W-2 job
How this frugal couple got creative on a $30,000 renovation budget
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-746.
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