House Hacking is the Ultimate Side Hustle! Biggerpockets Style

This is by far the most under rated side hustle to exist. House hacking! You can house hack real estate very easily. With just one single investment you'll leverage over 10X the growth. There won't be any courses or masterminds here! Just pure advice for the regular person that is looking for their side hustle. This is the best real estate side hustle of 2020! You can easily make money doing most of the work online. Step #1: You want to make sure that you can save up to $10K using various methods of side hustles such as lyft , uber or post mates. You can side hustle with just about anything in 2020! I've even seen GaryVee do a side hustle with garage sale flipping Step #2: You want to go on Redfin.Com and find a home anywhere of the price range of $250,000 or less. Must be move in ready and must be 3 bedrooms. In this real estate economy it might take a bit because of the low inventory but don't worry you can easily turn this into the side hustle of 2020! Make sure you check out the payment calculator and make sure that within 3.5 - 5% you can do 10K or less down payment on your home. Remember it must be owner occupied for you to get a loan! Step #3: Go on Rentometer.Com - This is very frequently used by all kinds of investors. Alot of people go on here and gauge what to rent their rental property at. It's much better to use than Zillow. This will show you potential market rents within your area. Biggerpockets podcast uses this method alot. Step #4: Get a loan! I will do future videos on how to qualify for a home loan and how to get a home loan. It is as easy as calling a mortgage lender within your area and asking them to get you the documents needed for qualification. They will send you everything and you just work on those items and get them everything back. This helps you save money and add to the emergency fund just in case as well. Step #5: Find a local realtor. There is alot of agents within your area most likely, you can simply google local real estate agent and one will pop up. They should be there to assist you with home inspections, appraisals, everything. They are there to make a commission and are actually free ! So might as well use them Step #6: Once you close you can repeat this process over and over! You can even house hack to make sure that you can afford the payment. Especially today with alot of people losing their jobs - might be best to be safe and have a backup and ensure that your payments are able to be made. Remember guys - You use the calculator and let the data dictate. None of this is hard and will be the easiest way to your first rental property! I will do alot more videos in the future to ensure that this concept is completely grasped! #HouseHacking #RealEstateRental #Sidehustle Keywords: MeetKevin Graham Stephan Credit Card Debt How to retire early how to buy my first rental property how to buy my first flip how to side hustle what are the best side hustles how to generate passive income how to focus longer cash dave ramsey alex becker meet kevin ben mallah real estate investor drop shipping dropshipping amazon fba credit how to build 800 credit score what to do if you lose your job stimulus check real af podcast how to buy my first home how to save up money for home how to quit my job uber lyft home house rental flip ryan pineda 1st phorm tom bilyeu tim bilyeu impact theory long distance real estate investing brrr how to brrr brrrr strategy how to become a ceo garyv gary vaynerchuk vaynercbuck david greene green brandon turner how to wholesale wholesale garagesale manny khoshbin leyla milani lambo ferrari pagani dopamine joe rogan apartment syndication motivation drive david goggins sal frisella how to raise money how to buy a house no money down how to buy a house low money down new construction how to rehab a home how to renovate home redfin zillow opendoor day trading day trader day in the life of a day trader millenial stephan graham stepham grahan how to drop ship how to invest $1000 money how to get rich why im always tired forbes billionaire millionaire how to study longer how to start a business llc top 1% jeff bezos how to become a ceo fitness lifestyle health wealth wealthy dominate how to outwork everyone real estate market crash, real estate hacks house hacking how to get your first client real estate bryan casella how to make money online 2020 brian jung work from home jobs gig economy business credit cards stocks to buy now john sonmez best stocks to buy now simple programmer